A welcome message on display at the Nasdaq Market Site for Chinese online group discounter Pinduoduo on the Nasdaq exchange in Times Square in New York City on July 26, 2018. Reuters
A welcome message on display at the Nasdaq Market Site for Chinese online group discounter Pinduoduo on the Nasdaq exchange in Times Square in New York City on July 26, 2018. Reuters

US-China accounting war: SEC chief casts doubt that a deal can avert delisting of New York-listed Chinese stocks

  • SEC chairman Gary Gensler said he is “not particularly confident” that the longstanding auditing spat between the US and China can be reached soon
  • “Good-faith” negotiations continue, but “there is a risk there,” he said

A welcome message on display at the Nasdaq Market Site for Chinese online group discounter Pinduoduo on the Nasdaq exchange in Times Square in New York City on July 26, 2018. Reuters
A welcome message on display at the Nasdaq Market Site for Chinese online group discounter Pinduoduo on the Nasdaq exchange in Times Square in New York City on July 26, 2018. Reuters
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