The Nasdaq MarketSite stands in New York City’s Times Square neighborhood on July 8, 2020. Chinese-listed companies risk being kicked off the Nasdaq and New York Stock Exchange if they do not allow US regulators to see company audits for three years in a row, something they cannot currently do under Chinese law. Photo: Bloomberg The Nasdaq MarketSite stands in New York City’s Times Square neighborhood on July 8, 2020. Chinese-listed companies risk being kicked off the Nasdaq and New York Stock Exchange if they do not allow US regulators to see company audits for three years in a row, something they cannot currently do under Chinese law. Photo: Bloomberg
The Nasdaq MarketSite stands in New York City’s Times Square neighborhood on July 8, 2020. Chinese-listed companies risk being kicked off the Nasdaq and New York Stock Exchange if they do not allow US regulators to see company audits for three years in a row, something they cannot currently do under Chinese law. Photo: Bloomberg

Chinese official blames US politics for lack of auditing agreement for US-listed companies

  • A Chinese securities regulator blamed a shift in Washington’s political atmosphere for derailing progress made towards agreeable auditing standards
  • US-listed Chinese companies face being ejected from the NYSE or Nasdaq if they don’t comply, which is not currently allowed in China

Topic |   Boao Forum for Asia
The Nasdaq MarketSite stands in New York City’s Times Square neighborhood on July 8, 2020. Chinese-listed companies risk being kicked off the Nasdaq and New York Stock Exchange if they do not allow US regulators to see company audits for three years in a row, something they cannot currently do under Chinese law. Photo: Bloomberg The Nasdaq MarketSite stands in New York City’s Times Square neighborhood on July 8, 2020. Chinese-listed companies risk being kicked off the Nasdaq and New York Stock Exchange if they do not allow US regulators to see company audits for three years in a row, something they cannot currently do under Chinese law. Photo: Bloomberg
The Nasdaq MarketSite stands in New York City’s Times Square neighborhood on July 8, 2020. Chinese-listed companies risk being kicked off the Nasdaq and New York Stock Exchange if they do not allow US regulators to see company audits for three years in a row, something they cannot currently do under Chinese law. Photo: Bloomberg
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