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BABA / Alibaba says it will work with US regulators to prevent New York delisting

Alibaba says it will work with US regulators to prevent New York delisting
Alibaba Group (NYSE:BABA) Holding will work with the US regulators to maintain its New York listing after a warning from the Securities Exchange Commission (SEC), the Chinese e-commerce giant said in a Monday statement. The SEC added Alibaba to its watchlist of Chinese companies last Friday, indicating that the US$250bln valued company could be delisted for failing to meet auditing standards. Read More
Posted: Aug 1 2022, 04:17
Author Name: Proactive Investors
Views: 111599

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