NEW YORK -- Shares in U.S.-listed Chinese stocks and indexes surged on Thursday following news that American and Chinese officials are nearing a deal to end a long-standing dispute over auditing foreign companies listed on American stock exchanges.
Delisting concerns have plagued Chinese companies on American exchanges
Chinese stocks listed on Wall Street had a big day, including Pinduoduo whose shares rose 12.4%. © Reuters
NEW YORK -- Shares in U.S.-listed Chinese stocks and indexes surged on Thursday following news that American and Chinese officials are nearing a deal to end a long-standing dispute over auditing foreign companies listed on American stock exchanges.