Luckin Coffee’s team in New York during the company’s trading debut on the Nasdaq on May 16, 2019. Photo: finance.china.com.cn
Luckin Coffee’s team in New York during the company’s trading debut on the Nasdaq on May 16, 2019. Photo: finance.china.com.cn

Wall Street pushes back on US threats to delist Chinese firms from American exchanges, calling legislation a ‘blunt tool’

  • During a panel hosted by the SEC, executives of Vanguard, NYSE and Nasdaq questioned a bill under consideration that could push Chinese businesses out of American stock markets
  • “Legislation is a blunt tool. The government already has a number of tools to address this,” said the NYSE’s global chief legal and regulatory officer John Zecca

Luckin Coffee’s team in New York during the company’s trading debut on the Nasdaq on May 16, 2019. Photo: finance.china.com.cn
Luckin Coffee’s team in New York during the company’s trading debut on the Nasdaq on May 16, 2019. Photo: finance.china.com.cn
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