A few days ago, the U.S. Securities and Exchange Commission added more than 80 companies to its "pre-delisting" list, including Chinese companies.
On May 5, Chinese Foreign Ministry spokesman Zhao Lijian said at a regular press conference that this does not mean that relevant companies will necessarily be delisted.
Zhao Lijian said that Chinese securities regulators have communicated with U.S. regulators about this.
It is understood that the inclusion of Chinese companies on the relevant list is a step taken by the US regulatory authorities to enforce their domestic laws. This does not mean that the relevant companies are necessarily delisted. Whether these companies are delisted or continue to be listed in the US depends on the progress of Sino-US audit and supervision cooperation and the result.
The Chinese side has always insisted on resolving the audit and supervision issues of US-listed Chinese concept-stock companies through equal cooperation, which is in the interests of the capital markets of the two countries and global investors.
Recently, the regulatory authorities of both China and the United States have indicated to the media that the two sides are maintaining close communication on audit and supervision cooperation and are striving to promote this cooperation.
We are pleased to see Chinese and US regulators reach a cooperative arrangement that meets both regulatory requirements and legal requirements.
Responsible editor: [Li Yuxin]