Citing the small trading volumes of their US listings but heavy relevant compliancy costs, the companies said they plan to submit delisting filings to the US Securities and Exchange Commission around Aug 29 and are expected to stop being listed on the NYSE by September.
这些公司表示,他们计划在8月29日左右向美国证券交易委员会提交退市申请,预计将在9月前停止在纽约证券交易所上市。
Chinese companies are tightening up their compliancy rules, and cracking down on bribery and corruption.
Financial institutions have come under close scrutiny from regulators and are now pursuing tougher compliancy rules.
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