
Tencent Holdings (OTC:TCEHY)-backed Chinese property agency KE Holdings (NYSE:BEKE) has received a regulatory nod for a dual-primary listing in Hong Kong, as it faces a possible delisting from U.S. exchanges.
What Happened: KE Holdings is among a recently-updated list of 86 Chinese companies — including JD.com Inc. (NYSE:JD) and Nio Inc. (NYSE:NIO) — of U.S. Securities and Exchange Commission that face the risk of delisting amid a long-running auditing standoff between the United States and China.