Plaintiffs Firms Face Unexpected Scenario With Chinese Firms Listed in the US

October 31, 2022 | BY

Christine Schiffner

While U.S. regulators are pushing for more transparency and audit quality of Chinese firms listing on U.S. stock exchanges, some plaintiffs firms still see high risks for investors.

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A staff member walks through the corridors of the head office of Renren Inc. in Beijing, China The A staff member walks through the corridors of the head office of Renren Inc. in Beijing, China The "Facebook of China" went private on the New York Stock Exchange in 2011. Photo: Adam Dean/Bloomberg