The US Securities and Exchange Commission added over 80 firms to its list of entities facing possible expulsion from American exchanges, which include China's JD.com, Pinduoduo Inc, Bilibili Inc , and NetEase Inc.
The SEC on Wednesday expanded the list, consisting of US-listed Chinese entities, on a provisional lineup under a 2020 law known as The Holding Foreign Companies Accountable Act.
The act, signed into a law by then-President Donald Trump, aims to remove foreign-jurisdiction companies from U.S. bourses if they fail to comply with American auditing standards for three years in a row.
Other large Chinese companies that were
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