A JD.com advertisement with an image of freestyle skier Eileen Gu at a bus stop in Beijing on January 11, 2022. Photo: Reuters.
A JD.com advertisement with an image of freestyle skier Eileen Gu at a bus stop in Beijing on January 11, 2022. Photo: Reuters.

Accounting war: SEC ratchets up US-China dispute by adding JD.com, Pinduoduo and 80 Chinese stocks to list liable under auditing oversight law

  • The SEC added more than 80 US-traded Chinese companies to a list liable under the 2020 Holding Foreign Companies Accountable Act (HFCAA)
  • Under the law, foreign companies can be delisted if they fail to comply with the auditing oversight of a US body for three consecutive years

A JD.com advertisement with an image of freestyle skier Eileen Gu at a bus stop in Beijing on January 11, 2022. Photo: Reuters.
A JD.com advertisement with an image of freestyle skier Eileen Gu at a bus stop in Beijing on January 11, 2022. Photo: Reuters.
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