Capital Channel is Cut Off: 5 China state-owned giants delist from NYSE, 270 groups on the way

Why are Chinese companies listed in the U.S. called China Concepts Stocks? For the past three decades, mainland China and Hong Kong have been the only two jurisdictions in the world that don’t allow the American Public Company Accounting Oversight Board, or PCAOB, to inspect their companies.
During the last three decades of the alleged economic miracle in China, Wall Street has given special treatment to Chinese companies, even waiving essential corporate audits, a sign of Wall Street's attitude toward the CCP, the Chinese Communist Party. However, this is now changing.

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Видео Capital Channel is Cut Off: 5 China state-owned giants delist from NYSE, 270 groups on the way канала China Insights