Chinese Companies Could Be Forced to Give Up U.S. Listings Under Senate Bill

Bipartisan measure addresses China’s unwillingness to grant American regulators routine access to audit records

香蕉视频苹果下载WASHINGTON—Chinese companies could be forced to give up their listings on American stock exchanges under legislation approved by the Senate on Wednesday.

香蕉视频苹果下载The bill, which was passed unanimously, addresses investor-protection concerns that have lingered for years but gained political traction as tension between the U.S. and China grew. Chinese companies such as Alibaba Group Holding Ltd. and Baidu Inc. have together raised tens of billions of dollars through listings on U.S. exchanges.

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