NEW – President Trump signs a bill that could kick Chinese firms off U.S. stock exchanges.t.co/0udvHtXr4z
— Disclose.tv 🚨 (@disclosetv) December 18, 2020
230 Chinese companies
There are about 230 Chinese companies totaling about $1.8 trillion in market capitalization — listed on the Nasdaq and New York Stock Exchange, noted the report. It pointed out that U.S. private equity firms have been buying out those listed Chinese company
— Anthony (@Anthony00337220) December 18, 2020
WASHINGTON – President Donald Trump on Friday signed legislation that would kick Chinese companies off U.S. stock exchanges unless they adhere to American auditing standards, the White House said.
“The Holding Foreign Companies Accountable Act” bars securities of foreign companies from being listed on any U.S. exchange if they have failed to comply with the U.S. Public Accounting Oversight Board’s audits for three years in a row.
China based executive at U.S. telecommunications company charged by F.B.I. director Christopher Wray !
Xinjiang Jin, aka Julien Jin, allegedly conspired to commit interstate harassment at the behest of the Chinese government as part of a scheme to disrupt a series of meetings held to commemorate the Tiananmen Square massacre. t.co/2NXaaGaa1M pic.twitter.com/RBHe1Z2ILY
— FBI (@FBI) December 18, 2020