US-China Talks on Delistings Advance With Reports of Inspections

The video discusses a significant development where Chinese regulators may allow audit papers to be reviewed in Hong Kong, potentially easing fears of mass delisting of Chinese companies from U.S. exchanges. This move could address the SEC's concerns, as a 2024 deadline looms for audit compliance. Companies like Alibaba have already sought dual listings in Hong Kong. The situation remains unconfirmed, but economic pressures on both countries might drive a resolution.

What action have Chinese regulators instructed auditing firms to take?

• To bring audit papers to Hong Kong

• To destroy audit papers

• To send audit papers to the US

• To keep audit papers confidential

Which company has established a second primary listing in Hong Kong?

• Baidu

• Alibaba

• JD.com

• Tencent

What is the deadline for Chinese companies to open their audit books to stay listed in the US?

• 2025

• 2024

• 2023

• 2022

Who is responsible for reviewing the audit papers in Hong Kong?

• Chinese regulators

• CSRC officials

• PC AOB officials

• SEC officials

What is the main reason for the urgency in resolving the audit issue?

• Economic fragility in both countries

• Environmental concerns

• Political tensions

• Technological advancements