Crunch looms in China-US wrangle over delistings

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Last week, Chinese technology giant Alibaba applied for a primary listing in Hong Kong. If you were looking for a sign of how negotiations are going between Beijing and Washington over the latter’s plans to ban trading in Chinese companies, this is it. Read: badly. Alibaba is one of about 200 companies that will be delisted from New York stock exchanges in 2024 because China has blocked US regu...

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