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TAL Education Faces Potential US Delisting, Investors Unfazed

BambooWorks咏竹坊  · 公众号  ·  · 2022-06-29 14:32
    

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Key takeaways: 1、   The U.S. Securities and Exchange Commission has added TAL Education and two other firms to its list of Chinese companies that could be delisted 2、The SEC and its Chinese counterpart have been silent for more than a month on their talks for a key information-sharing deal to end the delisting threat And the list goes on. After a frenzied period where dozens of New York-traded Chinese companies were cited as being at risk of delisting by the U.S. Securities and Exchange Commission (SEC), the addition of new names to the agency’s list has slowed considerably in recent weeks. But that doesn’t mean the list is complete, as three new names have just been added in the  latest update . The only noteworthy company in the update is  TAL Education Group  (TAL.US), one of China’s earliest education companies to list in the U.S. back in 2010, with a current market value of more than $3 billion. The other two,  FingerMotion Inc.  (FNGR.US) and  Mercu ………………………………

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