US to push for audits of Chinese companies

摘要

The more than 150 Chinese publicly traded companies listed on US stock exchanges, including state-controlled Sinopec and PetroChina, could be forced to delist after 1 January 2022 unless they agree to closer scrutiny by US auditors and regula- tors. A White House working group on financial markets on 6 August recommended the action to the US Securities and Exchange Commission (SEC) following a June directive from President Donald Trump.