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China’s microblogging giant Weibo faces delisting risks in US


China’s microblogging giant Weibo faces delisting risks in US

March 25, 2022 at 9:27 AM

US regulators have hastened their pace to enforce a law that could delist Chinese companies of which accounting papers can’t be inspected. The addition of Weibo, the Twitter equivalent of China, to a delisting watchlist by the Securities and Exchange Commission could mean other Chinese internet giants like Alibaba and Baidu are not far from facing the same pressure.

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