U.S President Donald Trump is expected to sign a bill that could delist some Chinese companies on U.S. exchanges unless they adhere to U.S. auditing standards, the White House said yesterday.<br />''&nbsp;<br />''The bill, which was passed&nbsp; in the Senate earlier this year and was approved by the House of Representatives yesterday, could hit companies such as Alibaba, tech firm Pinduoduo Inc and oil giant PetroChina Co Ltd.<br />''&nbsp;<br />''<span style="color: #222222;">If signed into law, the measure would give Chinese companies listed on U.S. exchanges three years to comply with U.S. auditing rules before being removed from U.S. markets.</span><br />
News On AIR | December 3, 2020 12:56 PM
US Prez Trump expected to sign bill that could delist Chinese companies: White House