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Breaking News: 5 Chinese state-owned companies to delist from NY Stock Exchange amid US tensions

Gen Z News Studio by Gen Z News Studio
September 11, 2022
in World News
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Breaking News: 5 Chinese state-owned companies to delist from NY Stock Exchange amid US tensions
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Breaking News: 5 Chinese state-owned companies to delist from New York Stock Exchange amid US tensions #shorts #news

Five Chinese state-owned companies would delist from the New York Stock Exchange amid economic and diplomatic tensions with the United States. They include China Life Insurance, PetroChina, China Petroleum & Chemical, Aluminum Corporation of China Limited and Sinopec Shanghai Petrochemical. The five companies were flagged by the US securities regulator as failing to meet its auditing standards.

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