(Shanghai Comprehensive News) Chinese e -commerce giant Alibaba was included in the "Pre -Delivery" list by the US Securities and Exchange Commission (SEC), facing the risk of delisting.
Alibaba on Monday (August 1) responded that it will continue to pay attention to market dynamics, comply with applicable laws and regulations, and strive to maintain the position of listing on the New York Stock Exchange and the Hong Kong Stock Exchange at the same time.
According to the Daily Economic News report, Alibaba said in the announcement that after the company submitted the annual report of 20-F Form on July 26, 2022, it was held accountable by the US Securities and Exchange Commission on July 29th.The bill is identified as "the issuer identified by the committee".
The identification of theThe Fair means that the accounting supervision committee (PCAOB) of the U.S. listed company cannot fully inspect, or investigate the audit draft of the registered accounting firm used by Alibaba as of the fiscal year as of the fiscal year as of the fiscal year of March 31, 2022.
According to the above determination, this year became Alibaba's first "unbound" year.
If PCAOB has three consecutive "unpaid" years, it is impossible to conduct a complete inspection or investigation of the registered accounting firm responsible for auditing the financial statements of the US listed company, and the company's securities will be prohibited from any national securities transaction in the United States.In the "Overseas Trading" market in the United States.
Ali's stock price in the Hong Kong stock market opened on Monday, which fell about 5%, and the decline narrowed, and it fell 3.76%when closed.
Among the batch of "pre -delisting" list updated on July 29, local time in the United States, in addition to Alibaba, there are also three Chinese stock companies including Mushroom Street, Cheetah Mobile, and Poch Pets.As of the end of July, 159 Chinese stocks have been included in the "pre -delivery" list.