$Lufax (LU.US)$
Will it be delisted after September 30th?

$Lufax (LU.US)$
US regulatory institutions speak out: actively seeking cooperation agreements with China to end the long-standing cross-border audit regulatory dilemma.
According to media reports, the Public Company Accounting Oversight Board (PCAOB) of the United States stated that the commission is actively communicating with Chinese regulatory authorities, holding multiple meetings recently, and both sides are committed to reaching a cooperation agreement so that it can inspect Chinese mainland and certain Hong Kong audit firms engaged in mainland business that are registered in the US. PCAOB expressed its willingness to maintain a cooperative relationship with the Chinese government and conduct inspections and investigations of relevant accounting firms in a manner similar to its current cooperation with dozens of other countries or regions.

$Lufax (LU.US)$
The Securities Regulatory Commission responds to the “pre-delisting list” of some Chinese securities: the China Securities Regulatory Commission has taken note of this situation. This is a normal step for US regulators to implement the Foreign Company Accountability Act and related implementing rules. The China Securities Regulatory Commission has expressed its stance on the implementation of the Foreign Company Accountability Law many times before. The China Securities Regulatory Commission respects the strengthening of supervision of relevant accounting firms by overseas regulators in order to improve the quality of financial information of listed companies, but it resolutely opposes the erroneous practices of some forces politicizing securities regulation. The China Securities Regulatory Commission has always adhered to the spirit of openness and cooperation, and is willing to resolve the inspection and investigation issues of relevant firms carried out by the US regulatory authorities through regulatory cooperation. This is also in line with internationally accepted practices.
Recently, the China Securities Regulatory Commission and the Ministry of Finance have continued communication and dialogue with the US Public Company Accounting Supervisory Board (PCAOB), and positive progress has been made. The China Securities Regulatory Commission believes that through joint efforts, the two sides will be able to make cooperation arrangements that meet the legal regulations and regulatory requirements of the two countries as soon as possible, jointly protect the legitimate rights and interests of global investors, and promote the healthy and stable development of the two countries' markets.

$Lufax (LU.US)$
Recently, the official website of the US Securities and Exchange Commission (SEC) published a list of five Chinese securities companies. According to the SEC, based on the Foreign Company Accountability Act (HFCAA), if a foreign listed company fails to submit the reports required by the US Listed Companies Accounting Supervisory Committee for 3 consecutive years, the SEC has the right to delist it from the exchange. The SEC finalized this provisional list on March 8, which includes BeiGene, Yum China, Zaiding Pharmaceuticals, Shengmei Semiconductor, and Huang Pharmaceutical. These five companies can provide evidence to the SEC by March 29 to prove that they are not eligible to be delisted.

$17 Education & Technology (YQ.US)$
Recently, the Securities and Exchange Commission (SEC) official website published a list of five Chinese concept stocks companies. SEC stated that under the Holding Foreign Companies Accountable Act (HFCAA), if a foreign listed company fails to submit the reports required by the Public Company Accounting Oversight Board (PCAOB) for three consecutive years, SEC has the authority to delist it from the exchange. SEC finalized this temporary list on March 8, including Beigene, Yum China, Zai Lab, SMIC, and Hutchmed (China). These five companies can provide evidence to SEC by March 29 to prove that they do not meet the delisting criteria.