Delisting Chinese stocks from American exchanges could ‘level the playing field’, experts say
Comments
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It’s a good idea considering the different standards on audited financial statements.
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They should have never been allowed to be listed in the first place.
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The chicoms don't have different standards. They don't have standards. Pretend the chicoms are Arthur Andersen and their stocks are Enron. The US pretty much fixed that for US stocks with very strict enforcement of internal controls and forcing senior management to acknowledge they are enforcing them.
Compare that to the the US government and the NGOs. As we found out from the DOGE audits there were no internal controls or they weren't enforced and yet the swarm of non-Big 4 regional or local accounting firms were giving USAID clean audit statements that there were internal controls and they were being enforced. Sue them into oblivion.
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Chinese audited financials have standards?!?
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Yeah I was being overly generous there.
