Proposed delisting Chinese firms will hit US markets


By ZHOU LANXUWANG YU

IF measures reportedly being considered by US officials to delist Chinese equities from exchanges in the United States were to take effect, they would likely have limited impact on Chinese investments but deal a heavy blow to investor confidence in financial markets in the US, experts said.

The US government is not contemplating blocking Chinese companies from listing shares in the US "at this time", Monica Crowley, spokeswoman for the US Treasury, told Bloomberg over the weekend, in response to media reports that Washington is considering removing Chinese companies from US stock exchanges.

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