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US Treasury Says No Plans to Block Chinese Listings 'At This Time': Report

Earlier, Trump's administration was considering delisting Chinese companies from US stock exchanges in a move that would be part of a broader effort to limit US investment in Chinese companies.

Reuters

Updated:September 29, 2019, 3:12 PM IST
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US Treasury Says No Plans to Block Chinese Listings 'At This Time': Report
Image for Representation. (Reuters)

new York: The United States does not currently plan to stop Chinese companies from listing on US exchanges, Bloomberg reported on Saturday, citing a US Treasury official.

"The administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time," Bloomberg quoted Treasury spokeswoman Monica Crowley as saying.

Reuters reported on Friday that President Donald Trump's administration is considering delisting Chinese companies from US stock exchanges in a move that would be part of a broader effort to limit US investment in Chinese companies.

The Treasury did not immediately respond to a Reuters request for comment.

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