The Sarbanes-Oxley Act of 2002 adds significant compliance burdens on listed companies. Photo: AFP

Chinese IPOs in US overshadow growing market retreat

High compliance costs and low valuations contributed to 14 Chinese companies choosing to delist from United States stock markets last year

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The Sarbanes-Oxley Act of 2002 adds significant compliance burdens on listed companies. Photo: AFP
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Toh Han Shih

Toh Han Shih

Toh Han Shih was senior Asia correspondent of MLex, a media organisation focusing on regulatory risk, from November 2015 to March 2018. Prior to that, he was a reporter at the South China Morning Post in two stints for roughly 10 years.