The Securities and Exchange Commission has added popular US-listed Chinese companies, including JD.com JD.com,
And NetEase NTES,
List of companies facing expulsion from the US Exchange for access to audit inspections.
China Aluminum Corporation ACH,
Tencent Music Entertainment TME,
And electric vehicle manufacturer Nio NIO,
And Xpeng XPEV,
Here is a complete list of companies at risk of enlistment
Internet service giant Alibaba BABA, the largest US-listed Chinese company by market capitalization
Not added to the list yet.
U.S. regulators are seeking to block trading in companies whose auditors cannot be inspected by the Public Company Accounting Oversight Board for three consecutive years. Chinese permission is required to review PCAOB’s audit documents, and so far, China has refused to allow inspections.
According to the China Securities Regulatory Commission, progress has been made in negotiations with the United States, and it has referred to an earlier round of US sanctions as a “procedural step” to add companies to the potential delisting process.
Hang Seng HSI,
While some US-listed Chinese companies are also listed, the stock rose 0.4% in late trading on Thursday.