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-0.00135464643727999 -0.00182877269032789 -0.00887293416418316 -0.010363045245191 -0.0102953129233271 -0.00142237875914392 -0.000203196965591988 0.00819561094554307
Stock impact report

SEC Moves a Step Closer to Delisting Chinese Companies in the U.S. [Business News Network (BNN) (Canada)]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU) 
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.baidu.com
The Securities and Exchange Commission on Thursday announced its final plan for putting in place a new law that mandates foreign companies open their books to U.S. scrutiny or risk being kicked off the New York Stock Exchange and Nasdaq within three years. China and Hong Kong are the only two jurisdictions that refuse to allow the inspections despite Washington requiring them since 2002. The SEC's new rule, which lays out how the regulator will identify companies subject to delisting and the procedure for kicking non-compliant firms off exchanges, is the latest development in a tussle between financial officials in the world's two biggest economies. While much of the recent tension has been around the shell companies that Chinese firms use to list in the U.S., Thursday's regulation dates back decades. “If you want to issue public securities in the U.S., the firms that audit your books have to be subject to inspection by the Public Company Accounting Oversight Board,” SEC Chair Ga Show less Read more
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