Current Events: Alibaba looks to maintain NY listing after addition to US delisting watchlist

2 years ago
12

Current Events: Alibaba looks to maintain NY listing after addition to US delisting watchlist #shorts #news

Chinese e-commerce giant Alibaba Group Holdings Ltd said it would work to maintain listings on New York Stock Exchange and Hong Kong. On Friday, US Securities and Exchange Commission added Alibaba to a list of 270 other Chinese firms that might be delisted for failing to comply with American auditing standards. US regulators demand full access to audit working papers.

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#alibaba #nyse #hk #sec #chinesefirms #delisted #auditingstandards #usregulators #cbcnews

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