U.S. Treasury Says No Plans to Block Chinese Listings 'at This Time'
(Reuters) - The United States does not currently plan to stop Chinese companies from listing on U.S. exchanges, Bloomberg reported on Saturday, citing a U.S. Treasury official.
"The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time," Bloomberg quoted bloom.bg/2obHkDb Treasury spokeswoman Monica Crowley as saying.
Reuters reported on Friday that President Donald Trumps administration is considering delisting Chinese companies from U.S. stock exchanges in a move that would be part of a broader effort to limit U.S. investment in Chinese companies.
The Treasury did not immediately respond to a Reuters request for comment.
https://www.reuters.com/article/us-usa-trade-china/u-s-treasury-says-no-plans-to-block-chinese-listings-at-this-time-bloomberg-idUSKBN1WD0RA