Most Chinese firms could keep their US listings under draft framework — report
US regulators could have full access to auditing reports from many of the 200-plus China-based companies listed in New York as soon as the middle of 2022, according to a Bloomberg report.
Currently in the drafting stage, the framework from the China Securities Regulatory Commission and other national agencies would let most Chinese firms keep their US listings, Bloomberg said, citing anonymous sources. But those that hold sensitive data could still be delisted, the news service reported.
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