The voluntary delisting of five SOEs from the New York Stock Exchange could pave the way for further exits, according to analysts. Photo: AFP
The voluntary delisting of five SOEs from the New York Stock Exchange could pave the way for further exits, according to analysts. Photo: AFP

More Chinese state-owned companies expected to delist from US stock exchanges as accounting spat continues

  • The voluntary delisting of five SOEs including Sinopec and PetroChina from the New York Stock Exchange could pave the way for further exits
  • Analysts believe Beijing has begun a process of deciding which companies should be allowed to remain listed in the US

The voluntary delisting of five SOEs from the New York Stock Exchange could pave the way for further exits, according to analysts. Photo: AFP
The voluntary delisting of five SOEs from the New York Stock Exchange could pave the way for further exits, according to analysts. Photo: AFP
READ FULL ARTICLE