TRUMP SIGNS LEGISLATION THAT COULD DELIST CHINESE COMPANIES FROM US STOCK EXCHANGES

Highlights

• President Trump on Friday signed a bill that would delist Chinese companies from the stock exchanges in the US if they fail to adhere to American auditing standards

• As per this new act, all public companies will have to disclose whether they are owned or controlled by a foreign government

• The sponsors of this newly signed legislation are using it to target Chinese companies that are....