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Alibaba Has Been Added To The Sec List Of Chinese Companies Facing Delisting Last Updated 1 second Ago Alibaba Group Holding Ltd is on a list of Chinese businesses that might be delisted, the U.S. Securities and Exchange Commission announced on Friday, sending the e-commerce giant’s shares down almost 9 percent at midday. Alibaba is one of more than 270 Chinese companies listed in New York that are at risk of delisting under the Holding Foreign Companies Accountable Act (HFCAA), which aims to resolve a protracted debate over the auditing compliance of U.S.-listed Chinese firms. U.S. officials have demanded unfettered...
