U.S. SEC official says issues with U.S.-listed Chinese firms remain 'significant'

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The SEC’s international affairs chief, YJ Fischer, told an audience that the agency’s accounting body, the U.S. Public Company Accounting Oversight Board, would need to complete China audit inspections by Nov. 22 to meet a Chinese company 2023 delisting deadline.

Fischer added that Chinese authorities should consider delisting from U.S. exchanges a “subset of issuers” that it deems “too sensitive to comply” with U.S. rules.