According to Fox News reporter Charles Gasparino, the Trump administration is preparing to take steps towards the possible delisting of Chinese public companies from US exchanges.
According to sources, the newly expected SEC ( Securities and Exchange Commission ) chairman Paul Atkins will prioritize this issue on his agenda after officially taking office.
The possibility of delisting is being evaluated in the shadow of the ongoing trade war with China, while it is noted that there is an increasing appetite within the Congressional wing of the Republican Party for the removal of Chinese companies from U.S. markets.
US laws allow for the delisting of Chinese companies if they do not open their financial records to audits and do not transparently disclose their ties to the Chinese government.
The topic that particularly attracts the attention of lawmakers is the “golden shares” (golden shares), which are structures that grant the Chinese government direct control over publicly traded companies. These shares are criticized on the grounds that they increase the influence of the Chinese state in the management of companies.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
