Republican financial officers from 21 states penned a letter to the US Securities and Exchange Commission, urging it to determine if Chinese companies should be delisted from US stock exchanges for failing to protect American investors, the Financial Times reported Tuesday, citing the letter.
Alibaba Group (BABA), JD.com (JD), Baidu (BIDU) and Weibo (WB) did not immediately reply to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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