Five of China’s largest state-owned enterprises worth $318 will soon be pulled from Wall Street

For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on US exchanges to comply with US listing rules. But on Friday, five of China’s largest U.S.-listed public giants, valued at $318 billion, announced they would exit Wall Street instead, marking an acceleration of the financial decoupling between the United States … Read more

Five of China’s largest state-owned enterprises worth $318 will soon be pulled from Wall Street

For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on US exchanges to comply with US listing rules. But on Friday, five of China’s largest U.S.-listed public giants, valued at $318 billion, announced they would exit Wall Street instead, marking an acceleration of the financial decoupling between the United States … Read more