The number of Chinese companies looking to go private ramp up
From fortune.com
2021-08-27 14:48:53
Lucinda Shen
Excerpt:
It’s no secret: Chinese companies listed in the U.S. are riding a rollercoaster they’d rather not be on.
On one end of the globe, Chinese state media has called for greater regulation in everything from online pharmacies to cosmetics—adding to an existing crackdown on China’s tech industry. On the other, officials stateside have threatened to delist the stocks of Chinese companies listed in the U.S. if they do not submit to greater scrutiny.
