The Updated List On The Official Website Of The Securities And Exchange Commission: Another 11 Zhonggai Shares Were Included In The "pre Delisting List"

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The list updated on the official website of the securities and Exchange Commission (SEC) showed that 11 China concept shares were included in their "pre delisting list" on the 9th local time Concerned about this change, Hong Kong's Economic Daily reported on the 10th that the SEC announced the "pre delisting list" of the seventh batch of China concept shares on May 9 local time, and then included 11 China concept shares in the "pre delisting list" with the foreign company Accountability Act (hfcaa). Earlier, in response to the SEC's inclusion of a number of Chinese companies in the "pre delisting list", Chinese Foreign Ministry spokesman Zhao Lijian said on the 5th that this does not mean that relevant enterprises are bound to delist. Whether these enterprises are delisted or continue to be listed in the United States depends on the progress and results of China US audit and supervision cooperation.

Author / Wu Yuanchun

According to the list published on the SEC's official website, those included in the "pre delisting list" include didi , Lu Jinsuo, Jinshan cloud , KUKE music, interesting headlines , 51talk, antelope enterprise, new oxygen Technology, love to click, Ding Dong shopping And Lanting Jishi

According to the economic daily, the SEC said that the above-mentioned zhonggai shares must submit evidence before May 31 to prove that they do not have the reason to be delisted, otherwise they will be included in the "confirmed delisting list".

Taiwan's Zhongshi electronic news said that this is the seventh batch of "pre delisted" Chinese concept shares announced by the SEC since early March. So far, the United States has included 139 Chinese concept shares in the list. A total of 23 companies in the previous four batches have passed the defense period and were included in the "confirmed delisting list".

The U.S. Securities and Exchange Commission has previously listed a number of Chinese companies that may be expelled from the U.S. stock exchange. Chinese Foreign Ministry spokesman Zhao Lijian pointed out on May 5 that we have taken note of the relevant situation. China's securities regulatory authorities have communicated with the US regulatory authorities on this. It is understood that the inclusion of Chinese enterprises in the relevant list is a relevant step for the US regulatory authorities to implement their domestic laws. This does not mean that relevant enterprises must be delisted. Whether these enterprises are delisted or continue to be listed in the United States depends on the progress and results of China US audit and supervision cooperation.

Zhao Lijian said that China has always adhered to solving the audit and supervision problems of Chinese stock companies listed in the United States through equal cooperation. This is in line with the interests of the capital markets of the two countries and global investors. Recently, the regulatory authorities of China and the United States have told the media that the two sides are maintaining close communication on audit and supervision cooperation and striving to promote this cooperation. We are happy to see that Chinese and American regulators have reached cooperative arrangements that meet the regulatory requirements and legal provisions of both sides.

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