Nearly 150 U.S.-traded Chinese companies at risk of delisting

Congress pushes for 2023 deadline in audit inspection dispute

20220613N NYSE

Roughly 60% of Chinese companies listed on the U.S. stock market have been flagged for potential removal. © Reuters

TAKENORI MIYAMOTO and NORIYUKI DOI, Nikkei staff writers

NEW YORK/SHANGHAI -- A total of 150 mostly China-based companies face possible delisting from the U.S. stock market over auditing rules, and American lawmakers want the deadline to come as soon as next year.

As of Friday, the list maintained by the U.S. Securities and Exchange Commission covered roughly 60% of all Chinese companies whose shares trade in the U.S., such as online search provider Baidu, and will likely continue to grow.

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