Reported about 18 hours ago
Two Republican lawmakers have urged the U.S. Securities and Exchange Commission (SEC) to delist Chinese companies, including Alibaba, citing military affiliations that threaten U.S. national security. They argue that these companies, while appealing commercially, support the Chinese Communist Party's strategic goals, including military modernization and human rights violations. The lawmakers believe the SEC has the authority to compel delisting under existing laws.
Source: YAHOO