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SEC forced delisting on ADRs?
$Alibaba (BABA.US)$
Chinese ADRS getting smashed - some report circulating that SEC published forces delisting of 5 companies within 3 years if they are not able to fulfil the audit requirements…. Yumchina, Beigene, HutchChina med amongst the names. But the Chinese ADRs are all hit on my screen. KWEB US down 9%.
Chinese ADRS getting smashed - some report circulating that SEC published forces delisting of 5 companies within 3 years if they are not able to fulfil the audit requirements…. Yumchina, Beigene, HutchChina med amongst the names. But the Chinese ADRs are all hit on my screen. KWEB US down 9%.
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