6/5/2020, 1:55 AM (Source: TeleTrader)
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Trump releases memo on US-listed Chinese firms

United States President Donald Trump signed a memo that calls for recommendations on how to assist US investors that own US-listed Chinese company stocks.

The president is seeking to protect American investors from the the inability to audit Chinese firms listed on US exchanges.

Earlier, the US Senate passed a bill that threatens with the delisting of Chinese companies from US exchanges if they avoid accounting oversight.

Breaking the News / VP