Is The Regulatory Pressure On U.S. Listed China-Based Stocks Finally Starting To Let Up?
And more importantly, what will the long-term future of such equities on U.S. exchanges look like?
As I noted in my previous piece about 3 U.S. listed China-based companies I bought this week, the longstanding Chinese tradition of ripping off billions of dollars from U.S. capital markets thanks to lax audit rules and opaque geographical challenges seems to be irking the SEC's new Chair, Gary Gensler, enough for him to make more mention of it than any…