tiprankstipranks
Trending News
More News >

Politico recaps prospect of White House delisting Chinese companies in U.S.

Officials in President Donald Trump’s administration and the president’s supporters are “leaning further into the prospect of delisting the nearly 300 Chinese companies that trade on U.S. exchanges,” according to a recap from Politico. On April 10, Fox Business Network’s Charles Gasparino previously reported, citing sources, that the Trump administration was proceeding toward a possible delisting of Chinese public company shares on U.S. exchanges. Chinese companies that publicly trade in the U.S. include Alibaba (BABA), Yum China (YUMC), Tencent (TCEHY), NetEase (NTES), PDD (PDD), Nio (NIO), Baidu (BIDU), and JD.com (JD).

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue