×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: China | Money | House of Representatives | Subcommittee on Investor Protection | China | video games

U.S. House Panel Targets Chinese Listings on U.S. Exchanges

Chinese currency
The U.S. House of Representatives Subcommittee on Investor Protection will hold a hearing on Sept. 22 on accounting practices of Chinese companies listed on American stock exchanges. (Dreamstime)

Tuesday, 31 August 2021 11:30 AM

A U.S. House of Representatives panel focused on protecting investors will hold a hearing on Sept. 22 about risks related to Chinese stock market listings on American exchanges.

The Subcommittee on Investor Protection, Entrepreneurship and Capital Markets hearing will take place among growing concerns about recent Chinese government actions that spurred sudden and unexpected swings in share prices of Chinese shares listed on U.S. exchanges.

Earlier this week, for example, China forbade under-18s from playing video games for more than three hours a week, hitting shares of some Chinese gaming companies traded in the United States.

U.S. lawmakers have also complained about Chinese corporate accounting practices and alleged ties between some Chinese companies and the military. (Reporting by Chris Sanders; editing by Jonathan Oatis)

© 2021 Thomson/Reuters. All rights reserved.


StreetTalk
A U.S. House of Representatives panel focused on protecting investors will hold a hearing on Sept. 22 about risks related to Chinese stock market listings on American exchanges.
House of Representatives, Subcommittee on Investor Protection, China, video games
124
2021-30-31
Tuesday, 31 August 2021 11:30 AM
Newsmax Media, Inc.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved