More companies could flee New York bourse as geopolitical relations sour
Alibaba is among the Chinese companies listed in New York that are deemed at risk of delisting undertightening U.S. regulation. © Reuters
JACK STONE TRUITT, Nikkei staff writer | U.S.
NEW YORK -- Chinese state-owned enterprises announced last week that they would delist from the New York Stock Exchange amid rising U.S.-China tensions and an escalating auditing dispute.
To understand why they are exiting the U.S., how the move affects the chances of a U.S.-China auditing deal and what could come next, Nikkei Asia has put together five things to know.
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