[Washington 7th Reuters]-Chairman of the American House Economics Council (NEC) on the 7th, the US government is considering the protection of US investors in China, but is a Chinese company listed on the US securities market He said that delisting was not a matter of consideration.
Chairman Kadlow told reporters that "delisting has not been considered (for Chinese companies listed on the US market). I don't know where this idea came from."
However, it touches on the concerns raised by the securities market management company and says, “In addition to protecting US investors, we are verifying information disclosure and compliance with laws and regulations,” and the government has established a “Working Group” to verify these issues. Clarified that it was installed. However, he said the verification work is still in the very early stages.
In response to Chairman Kadlow's remarks, the number of Chinese stocks listed on the US market, such as e-commerce Alibaba Group <BABA.N>, Kyoto Shojo <JD.O> Internet Search Baidu.O, etc., rose.
