U.S. Move to Oust China Stocks Offers Investors No Clarity (1)

July 2, 2020, 4:01 PM

With Congress moving closer to passing legislation that could bar Chinese companies from trading on U.S. stock exchanges, investors are still far from understanding just how that would work.

The measure, widely understood to target China, passed the Senate unanimously last month,with members of both parties reluctant to appear easy on the country during an election year. It’s designed to oust foreign firms that don’t comply with certain U.S. stock market regulations. Yet a month later, there’s a prevailing sense of confusion over how banning or delisting companies would work.

“This process has no precedent,” said Tian X Hou...

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