Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

Five Chinese state-owned companies, under scrutiny in U.S., will delist from NYSE

SHANGHAI/HONG KONG/NEW YORK, Aug. 12 (Reuters) – Five US-listed Chinese state-owned companies whose audits are under investigation by the US securities regulator said Friday they would voluntarily delist from the New York Stock Exchange. Oil giant Sinopec (600028.SS) and China Life Insurance (601628.SS), Aluminum Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and a separate Sinopec … Read more