The U.S. Securities and Exchange Commission (SEC) has added them to the list of potential candidates for delisting. It is known that in addition to the gaming giant NetEase, it includes JD.com , Pinduoduo, Bilibili and China Petroleum & Chemical Corp.
The reason is Beijing’s refusal to open SEC access to audit reports of companies from China. Earlier, the American regulator stated that by 2024 it would exclude over 200 organizations from the listing if they did not comply with its requirements.