Market Views: Is US delisting of Chinese companies part of a larger trend?
Asset managers and analysts discuss whether the recent wave of delisting from American stock exchanges by Chinese state-owned companies signals an ongoing trend — and whether Hong Kong and Shanghai might benefit from the shift.
Five Chinese state-owned companies are seeking to delist from the US amid an unresolved auditing dispute that could see dozens of mainland Chinese firms ejected from American exchanges, while ties between the two nations continue to worsen.
Some believe this is part of a larger trend that will see more Chinese firms delist from the US.
On August 12, China Life Insurance, PetroChina, and China Petroleum and Chemical Corporation (Sinopec) have all indicated they would apply for th…
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