TAL - Investors Unfazed As TAL Education Added To List Of Chinese Firms At Risk Of Delisting
- The U.S. Securities and Exchange Commission has added TAL Education and two other firms to its list of Chinese companies that could be delisted.
- For those who haven’t followed the issue that closely, the delisting threat stems from the U.S. Holding Foreign Companies Accountable Act, which was passed in 2020 and threatens to delist any companies whose auditors refuse to cooperate with SEC investigations.
- All things considered, the stock has performed quite well recently and is up 28% since the start of the year.
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Investors Unfazed As TAL Education Added To List Of Chinese Firms At Risk Of Delisting