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US lawmakers urge SEC to delist Alibaba, Chinese firms over national security: Report
short by Shristi Acharya / on Saturday, 3 May, 2025
Two US lawmakers have urged the country's Securities and Exchange Commission (SEC) to delist 25 Chinese companies, including Alibaba, citing national security risks due to alleged military ties, Financial Times reported. The lawmakers claimed that these companies benefit from US investor capital while aiding China's military modernisation goals. They also said that the firms violate human rights.
read more at Reuters