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Baidu Added to List of Chinese Stocks Facing Delisting Risks in U.S.

By
Juro Osawa
· · Source: The Information

U.S. regulators added Baidu to a list of New York-listed Chinese companies that face delisting risks for failing to meet new auditing requirements. Baidu, China’s biggest search provider that also operates many other internet services, is the latest addition to the lengthening list, which includes major social media firm Weibo and several biotechnology firms. Baidu’s Nasdaq-listed stock fell...

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