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Benzinga
Benzinga
Politics
Rachit Vats

EV Maker Li Auto Among 17 New Chinese Firms Facing Risk Of Getting Delisted In US

Li Auto Inc (NASDAQ: LI) is among 17 new U.S.-listed Chinese companies added to the U.S. Securities and Exchange Commission’s Holding Foreign Companies Accountable Act (HFCAA) list.

What Happened: The inclusion in the list implies these companies can be delisted from U.S. bourses as a result of China’s refusal to allow U.S. regulators to review their auditors’ work.

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