皇冠网址:China’s airlines may join the multi-billion-dollar exit from US stock markets

皇冠正网会员开户（www.hg108.vip）是一个开放皇冠正网即时比分、皇冠正网会员开户的平台。皇冠正网会员开户平台（www.hg108.vip）提供最新皇冠登录，皇冠APP下载包含新皇冠体育代理、会员APP，提供皇冠正网代理开户、皇冠正网会员开户业务。

The announcement on Aug 12 by firms including China Life Insurance Co and PetroChina Co could “soon” be followed by China Eastern Airlines Corp and China Southern Airlines Co, according to Redmond Wong, a Greater China market strategist at Saxo Bank.

BEIJING: The decision by five Chinese state-owned companies to leave US stock exchanges adds to scepticism that authorities in both countries can reach an agreement on disclosure rules, with analysts seeing state-controlled airlines as the next potential group to depart, possibly followed by Internet giants.

China and Hong Kong are the only jurisdictions worldwide that don’t allow inspections by the US Public Company Accounting Oversight Board, with Beijing officials citing national security and confidentiality concerns.

With a deadline for delistings set for 2024 for those firms that aren’t compliant, United States lawmakers are considering passing a bill to bring it forward to next year.

The announcement on Aug 12 by firms including China Life Insurance Co and PetroChina Co could “soon” be followed by China Eastern Airlines Corp and China Southern Airlines Co, according to Redmond Wong, a Greater China market strategist at Saxo Bank.

,

皇冠网址（www.hg108.vip）是皇冠体育官网线上直营平台。皇冠网址面向亚太地区招募代理，开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。皇冠网址可下载皇冠官方APP，皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。

,

Shares of those carriers dropped 1.6% and 1.4%, respectively, in mainland trading yesterday. Both airlines are controlled by the Assets Supervision and Administration Commission of the State Council (Sasac), the same entity that rules over four of the companies that disclosed their US-exit plans last week, he said.

The carriers are among the Chinese companies identified by the US Securities and Exchange Commission as potentially facing delisting at the deadline, he added.

China Eastern Airlines and China Southern Airlines didn’t immediately respond to requests for comment. China Eastern Airlines raised US$227mil (RM1bil) in its US initial public offering back in 1997, while China Southern Airlines garnered US$632mil (RM2.8bil) the same year. Shares of both also trade in Hong Kong. — Bloomberg

转载说明:本文转载自Sunbet。