
The trade tensions between the U.S. and China are intensifying, leading to discussions about potentially delisting nearly 300 Chinese companies from American stock exchanges. Administration officials and supporters of President Donald Trump are exploring legal avenues to expedite this process. The scrutiny is particularly focused on companies that may violate U.S. disclosure laws, with Webull Global ($BULL) being highlighted as the latest firm under congressional examination. On the trading front, Webull shares have been halted on a circuit breaker, currently down 36%. This situation reflects broader concerns about the impact of U.S.-China relations on Chinese stocks listed in the U.S., as analysts consider scenarios where these companies could be removed from American exchanges altogether.
Talk of delisting Chinese stocks from American exchanges is getting louder, w/Politico the latest to discuss the idea in an article Tues afternoon
SCOOP: As lawmakers pressure regulators and exchanges to "delist" or remove China-based stocks if they violate US disclosure laws, the latest company to come under scrutiny by Congress is $BULL @WebullGlobal which just listed on the the @NasdaqExchange, sources tell me.
$BULL Webull Shares Halted On Circuit Breaker To The Downside, Stock Now Down 36.0%