SEC Archives - Pandaily

TuSimple’s Stock Price Plunges 45% After Firing CEO

TuSimple, an automated driving technology company, announced on October 31 that it has terminated Hou Xiaodi, the CEO, President and CTO of the company, and that it has removed him as Chairman of the Board.

Alibaba Responds to Inclusion on US SEC Delisting List

Alibaba issued a statement on the morning of August 1, acknowledging its inclusion on the watchlist and assuring that it would maintain a watchful eye on market developments.

SEC Adds 11 More China Concepts Stocks to “Pre-Delisting List”

According to the official website of the United States Securities and Exchange Commission (SEC), 11 more Chinese firms were added to its "pre-delisting list" on May 9.

JD.com and Bilibili Added to SEC Delisting Watchlist

The United States Securities and Exchange Commission (SEC) added more than 80 Chinese companies to a delisting watchlist on Wednesday, including JD.com, Bilibili and Pinduoduo.

Li Auto Responds to Being Added to SEC’s Pre-Delisting List

Chinese new energy vehicle firm Li Auto responded that it was actively looking for solutions while ensuring that the company's actual business operation will not be affected.

17 Chinese Firms Including Li Auto and KE Holdings Added to SEC Delisting Watchlist

The United States Securities and Exchange Commission (SEC) added 17 Chinese companies including Li Auto, Best Inc. and KE Holdings to its delisting watchlist on Thursday.

Founder of Internet Firm Sohu.com Denies U.S. Delisting Rumors

Charles Zhang, the founder, chairman and CEO of Chinese internet company Sohu.com Limited, on Monday denied rumors of the company's required delisting from U.S. stock exchanges.

Sohu.com Responds to Being Added to SEC’s Delisting List

Sohu.com filed a 6-K form to the US SEC on Wednesday, after it was added to a group of firms listed under the Holding Foreign Companies Accountable Act. The firm says it does not intend to contest the SEC's provisional accreditation.

12 Chinese Companies Added to SEC Delisting Watchlist

The United States Securities and Exchange Commission (SEC) added 12 China Concepts Stock companies to a delisting watchlist on Tuesday.

Medical Big Data Firm LinkDoc Cancels U.S. Listing Plan

LinkDoc Technology Limited, a Chinese medical big data company, announced on Monday that it has withdrawn its application for a public listing in the United States.

Several Faraday Future Executives Summoned by SEC

The US Securities and Exchange Commission (SEC) disclosed on Thursday that several senior executives of Faraday Future (FF), an electric vehicle company, were summoned by the SEC.

Chinese Social Media Platform Weibo Added to Delisting Watchlist by SEC

Beijing-based social media platform Weibo became the sixth Chinese company to be added to a delisting watchlist by the U.S. Securities and Exchange Commission (SEC) on Wednesday.

Alibaba Registers 1 Billion New ADSs, SoftBank May Sell Shares

Alibaba Group Holding Ltd. has reportedly registered one billion new American depositary shares (ADSs), suggesting that SoftBank Group Corp. may intend to sell some of its shares.

SEC Chairman Temporarily Suspends Chinese Companies From Going Public in the US by Way of Shell Companies

On August 16, Gary Gensler, chairman of SEC, has asked SEC staff to temporarily suspend IPOs of shell companies by Chinese companies, and encourages investors to learn more about these companies' structures.

Faraday Future To Go Public as Zhuhai State-Owned Assets Pulls Out

According to a document submitted by Faraday Future to the US Securities Regulatory Commission on July 15th, the cornerstone investors who initially planned to invest 175 million US dollars will not take a stake in the company.

Health Startup Waterdrop Submits Prospectus to SEC

Chinese online medical insurance startup Waterdrop Inc. on April 17 formally submitted a prospectus to the United States Securities and Exchange Commission (SEC), in preparation for an initial public offering (IPO) at the New York Stock Exchange under the label of "WDH".

Chinese Grocery Start-up MissFresh Privately Submitted Prospectus to SEC

MissFresh, a Chinese e-commerce grocery platform, privately submitted its prospectus to the US Securities and Exchange Commission (SEC) a few days ago. The company is expected to go public in mid-June this year, for which it aims to raise more than $500 billion.

TuSimple to Go Public as a Self-Driving Company, Revenue to Be Largely Derived from AFN

Self-driving truck company TuSimple revealed on Tuesday its prospectus with the U.S. Securities and Exchange Commission (SEC), planning to go public on Nasdaq on April 15th with the ticker “TSP.”

Baidu Posts Slight Drop in Revenue as Online Advertising Sales from Video Unit Remain Under Pressure

China’s search engine and AI giant Baidu Inc. on Thursday posted a 1% year over year decrease in its total revenue to 26 billion yuan (3.69 billion) for the second quarter of 2020 ending June 30, falling slightly below the Wall Street estimates of $3.7 billion.

IQIYI Stock Slides under SEC Investigations, Q2 Earnings

On Aug. 14, 2020, Chinese Baidu-backed video streaming service iQIYI announced its unaudited financial report for the second quarter ended June 30, 2020.

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