After passing unanimously in the U.S. Senate on May 20, 2020, the Holding Foreign Companies Accountable Act is heading for the House of Representatives, and U.S. President Donald Trump is expected to sign it into law. The law requires that all companies listed on U.S. stock exchanges submit to audits reviewable by the U.S. Public Company Accounting Oversight Board (PCAOB), and non-compliant firms can be delisted after three years. This has generated talk that all Chinese firms could di
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