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Republican lawmakers urge SEC to delist Chinese firms like Alibaba over national security concerns.
Two Republican lawmakers have urged the SEC to delist Chinese companies like Alibaba, Baidu, JD.com, and Weibo, claiming they have military ties and pose national security risks.
The lawmakers argue these firms advance the strategic goals of the Chinese Communist Party, potentially harming U.S. investors.
They cite the SEC's authority under the Holding Foreign Companies Accountable Act to suspend trading and delist such companies.
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Los legisladores republicanos instan a la SEC a retirar de la lista a las empresas chinas como Alibaba por preocupaciones de seguridad nacional.