Any progress made by the China-US audit and supervision cooperation mechanism can determine whether or not certain US-listed Chinese companies will be delisted from the US stock market over the next two years, the China Securities Regulatory Commission said in a media interview on Thursday.
It will depend on the progress and results of the China-US audit and supervision cooperation to determine whether the identified US-listed Chinese companies will be removed from the US stock market in the next two years, said the China Securities Regulatory Commission in an interview on Thursday.
Fears of Chinese companies being delisted from U.S. exchanges were somewhat assuaged when Beijing announced that it was prepared to make a concession on disclosing Chinese audit information to U.S. regulators.