The Holding Foreign Companies Accountable Act would require foreign companies to submit audits for inspection, which Beijing has long refused to do. Illustration: Dennis Yip
The Holding Foreign Companies Accountable Act would require foreign companies to submit audits for inspection, which Beijing has long refused to do. Illustration: Dennis Yip

US bill aiming to delist Chinese companies could claim American investors, businesses as unintended victims

  • If Chinese firms continue their exit from US exchanges, funds will lose easy access to shares of companies in the world’s second-largest economy
  • The Holding Foreign Companies Accountable Act would require foreign companies to submit audits for inspection, which Beijing has long refused to do

The Holding Foreign Companies Accountable Act would require foreign companies to submit audits for inspection, which Beijing has long refused to do. Illustration: Dennis Yip
The Holding Foreign Companies Accountable Act would require foreign companies to submit audits for inspection, which Beijing has long refused to do. Illustration: Dennis Yip
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