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Chinese Firms Consider Delisting From NYSE, Nasdaq as US Pressure Grows

Chinese Firms Consider Delisting From NYSE, Nasdaq as US Pressure Grows
People pass by The New York Stock Exchange on Wall Street in New York City on Aug. 3, 2020. ANGELA WEISS/AFP via Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

WASHINGTON—A rising number of Chinese companies are considering delisting from the U.S. stock exchanges as Washington increases its crackdown on foreign companies that fail to comply with U.S. audit standards.

Chinese online travel giant Ctrip is the latest company reportedly exploring going private. The company has held early-stage talks with a number of investors, including private equity firms and tech companies, about funding its delisting from Nasdaq, Reuters reported.
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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