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On December 1st, an investor inquired on an interactive platform whether it was true that the company supplied power PCBs to Google through Delta Electronics. Wilco stated that Delta Electronics is an important customer of the company, and its products are used by many downstream cloud vendors, including Google.Chief Cabinet Secretary Minoru Kihara: I expect the Bank of Japan to implement appropriate monetary policy to achieve its price target sustainably and stably, and to work closely with the government.Japanese Chief Cabinet Secretary Minoru Kihara: Monetary policy falls under the jurisdiction of the Bank of Japan.December 1st - U.S. Treasury yields rose in Asian trading after a Thanksgiving holiday and a shortened trading session last week, as markets awaited new data to guide trading. Kirstine Kundby-Nielsen of Danske Bank stated in a report that given the continued uncertainty surrounding the Federal Reserves interest rate decision, the market will be closely watching data releases this week, particularly the U.S. November ISM Manufacturing Index. The analyst added that the market will be especially focused on any news from U.S. President Trump regarding the Fed chair nominee. According to Tradeweb data, the two-year Treasury yield rose 0.5 basis points to 3.495%, while the 10-year Treasury yield rose 2.1 basis points to 4.039%.December 1st - According to Skyworth Auto, Skyworth Auto and Indian new energy company Kaly Emotors Private Limited recently signed a framework cooperation agreement. The two parties will cooperate on areas such as passenger vehicle product introduction, localized production planning, technology adaptation, and market expansion.

More Than 80 Companies, Including China's JD.com, Added in U.S. SEC List, At Risk of Delisting

Haiden Holmes

May 05, 2022 10:16

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The Securities and Exchange Commission of the United States added over 80 corporations to its list of organizations facing probable expulsion from American exchanges, including China's JD.com, Pinduoduo (NASDAQ:PDD) Inc, Bilibili (NASDAQ:BILI) Inc, and NetEase (NASDAQ:NTES) Inc.


The SEC enlarged the list on Wednesday, including Chinese businesses listed in the United States, as part of a preliminary lineup under a 2020 law known as The Holding Foreign Companies Accountable Act.


The act, which was signed into law by then-President Donald Trump, seeks to bar foreign-jurisdiction corporations from US stock exchanges if they fail to adhere to American auditing standards for three consecutive years.


Among the other significant Chinese companies added to the SEC's list were JinkoSolar Holding Co Ltd (NYSE:JKS), NIO Inc, and China Petroleum (NYSE:SNP) & Chemical Corp.


According to Reuters, Chinese regulators last month requested that some of the country's US-listed companies, including Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU), and JD.com, submit additional audit disclosures.


China also proposed revising confidentiality rules for offshore listings in early April, removing a legal impediment to Sino-US audit cooperation and putting the onus on Chinese firms to protect state secrets.


The development comes after a US watchdog stated in March that it was continuing to engage with Chinese regulators on access to their auditors' records, but it remained unclear whether the Chinese government would allow the access necessary by a new US listing law.

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