Why U.S is threatening to delist Chinese companies, Chinese stocks slump

Why U.S is threatening to delist Chinese companies, Chinese stocks slump

Big Chinese stocks could face being delisted from U.S Stock Exchange if they refuse let U.S. regulators see their financial audits. Alibaba Group Holding Ltd. and Baidu Inc. are among Chinese companies listed in the U.S. whose audit firms aren’t complying with the demand.
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