NIO, XPEV, LI among latest additions to the Holding Foreign Companies Accountable Act identified for possible delisting – #marketnews

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Haven’t seen any posts about this yet but pretty huge news. Other companies added today included JD, Huya, Douyu and Tencent.

Basically the SEC wants to audit every major Chinese company now rather than just the handful they originally picked. If China has anything to hide this will be the make or break for these stocks.

https://www.sec.gov/hfcaa

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