A staff member walks through the corridors of the head office of Renren Inc. in Beijing, China The "Facebook of China" went private on the New York Stock Exchange in 2011. Photo: Adam Dean/Bloomberg Plaintiffs Firms Face 'Catch Me If You Can' Scenario With Chinese Firms Listed in the US
While U.S. regulators are pushing for more transparency and audit quality of Chinese firms listing on U.S. stock exchanges, some plaintiffs firms still see high risks for investors.
October 31, 2022 at 01:20 PM
5 minute read
Securities Litigation
Chinese stocks—including the ones listed in the United States—have tumbled since Chinese president Xi Jinping was confirmed as the country's leader for an unprecedented third term while choosing Communist party allies over global financial experts as members for the Politburo standing committee.
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