After Didi losses, US lawmakers demand probe into Chinese companies on American exchanges

//After Didi losses, US lawmakers demand probe into Chinese companies on American exchanges

After Didi losses, US lawmakers demand probe into Chinese companies on American exchanges

A group of Republican lawmakers added pressure on America’s securities regulator to investigate Chinese companies listed on US exchanges, citing losses sustained by Didi Chuxing shareholders as a result of a probe of the company launched by Beijing, while a bipartisan bill was introduced in the Senate targeting Huawei Technologies Co. and ZTE.Tom Cotton of Arkansas, Rick Scott of Florida, and Alaska’s Dan Sullivan are among seven Republican senators pressing Securities and Exchange Commission …

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By | 2021-07-29T20:50:41+00:00 July 29th, 2021|Headlines|Comments Off on After Didi losses, US lawmakers demand probe into Chinese companies on American exchanges