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To: srmanuel
Chinese stocks on the us exchanges have the same standards. They are audited by the usual PricewaterhouseCoopers and such.

Jack and crew played their hand, like the silicon guys here. The ccp got tired of it and showed them who was boss and under what country they came out of.

It takes 4 months to come to a conclusion to a monopoly charge in China, that would be decades here. China will come out better in the long run by cutting the knees out of the large firms.

11 posted on 07/27/2021 7:50:02 AM PDT by Theoria
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To: Theoria

Here is the article about this, how many Chinese companies have actually come complied ??

My understanding is virtually none of them have and the sooner they get delisted the better

https://www.google.com/amp/s/www.cnbc.com/amp/2020/12/02/bill-forcing-chinese-firms-to-meet-us-accounting-standards-passes-congress-.html


14 posted on 07/27/2021 8:30:14 AM PDT by srmanuel (`)
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