Will Chinese Companies Have to Delist Off US Stock Exchanges?

Will Chinese companies really be forced off of US stock exchanges because they cannot fulfill certain US audit requirements? The Public Company Accounting Oversights Board (PCAOB) is tasked with essentially auditing the auditors of public companies trading in the US. For Chinese companies which have listed on NASDAQ and NYSE, PCAOB has never been able to do this, and we’re now approaching a hard 3 year timeline where these companies may be forced out.We talk to the former Head of Enforcement for PCAOB, Claudius Modesti, who has negotiated this bilateral issue with China’s CSRC and Ministry of Finance. If a compromise is possible, if these companies really will be forced to leave?No one can answer this better than Claudius. Enjoy the episode.https://www.asiabusinesspod.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.asiabusinesspod.com