美国参议院:通过了针对中国公司的美国退市法案:候选公司列表(部分)

美国参议院:通过了针对中国公司的美国退市法案:候选公司列表(部分)

外国政府控制下的公司禁止在美国股票市场上市
众议院谢尔曼(Sherman)在众议院提交类似法案

美国参议院:

5月20日,它一致通过了阿里巴巴集团控股和百度等法律,可能导致中国公司被禁止在美国证券交易所上市。

该法案是由众议员约翰·肯尼迪(共和国)和众议员克里斯·范霍伦(民主党)提交的。

要求公司证明自己不受外国政府控制的内容。

公司可以证明这一点吗?
PCAOB连续三年对公司进行审核
如果您无法确定,除非您处于外国政府的控制之下,
禁止公司证券上市。

彭博社

https://www.bloomberg.co.jp/news/articles/2020-05-20/QANBNZT0G1KX01

U.S. Senate Passes Bill to Require Listed Chinese Companies to Certify No Foreign Government Control

Posted on 05/20/2020

The U.S. Senate approved by unanimous consent legislation

that would impact Chinese companies being listed on U.S. stock exchanges.

The bill would require Chinese companies to certify that they have no foreign government control.

Failing to pass this

could force Chinese companies to delist from U.S. stock exchanges.

The bill

was introduced by U.S. Senator John Kennedy, a Republican from Louisiana, and Senator Chris Van Hollen, a Democrat from Maryland.

The legislation

is called the Holding Foreign Companies Accountable Act.

In detail, the proposed statute

would mandate a foreign company to certify it’s not owned or manipulated by a foreign government if the Public Company

Accounting Oversight Board is unable to audit specified reports because the foreign company uses a foreign accounting firm not subject to inspection by the board.

If the non-profit oversight board, which is overseen by the U.S. Securities and Exchange Commission,

can’t look into the foreign company’s accounting firm for a period of 3 years, then the issuer’s securities would be banned from trading on a national exchange.

Some holdings by pensions and sovereign wealth funds include

  1. Baidu Inc.,
  2. TAL Education,
  3. e-commerce giant Alibaba Group Holding,
  4. Tencent Holdings Limited,
  5. China Petroleum & Chemical Corporation (Sinopec),
  6. Weibo Corporation, and
  7. China Telecom Corporation, which have U.S. listings.

Here are more stocks that could be impacted (not a full list)

Ctrip.Com JD.Com Inc ADR (JD) Kali Yum China Holdings Baozun Inc GSX Techedu A GDS Holdings

BEST Bitauto Huazhu NetEase 58Com Inc Adr JinkoSolar Qutoutiao Inc. Pinduoduo SINA Corp

Autohome ADR SOGOU LexinFintech Holdings Noah BeiGene Luokung Tech Phoenix New Media

Byzen Digital China Life Insurance ADR Daqo New Energy ADR Fang Holdings Recon Technology

iQIYI Qudian Inc Luckin Coffee Tencent Music Entertainment and so on.

SWFI

https://www.swfinstitute.org/news/79802/u-s-senate-passes-bill-to-require-listed-chinese-companies-to-certify-no-foreign-government-control