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home / news releases / YUMC - TAL Education Mercury Fintech added to list of companies facing possible delisting by SEC

YUMC - TAL Education Mercury Fintech added to list of companies facing possible delisting by SEC

Yum China Holdings Inc.
TAL Education Group (NYSE:TAL) and Mercury Fintech (NASDAQ:MFH) were added to a list of companies that face possible delisting from U.S. exchanges,  the Securities and Exchange Commission said on Friday. The two companies were added to the Holding Foreign Companies Accountable Act, or HFCAA, on June 24, the SEC said, according to its website. The HFCAA was passed in September 2020 and requires the SEC to identify companies that the Public Company Accounting Oversight Board has had issues with regarding their audits.  TAL Education Group (TAL) and Mercury Fintech (MFH) did not immediately respond to a request for comment from Seeking Alpha. A number of other Chinese companies have been added to the list in recent months, including Baidu (BIDU), Weibo (WB), biotech company Beigene (BGNE), Yum China (YUMC), Zai Lab (ZLAB), ACM Research (ACMR) and HUTCHMED (China) Ltd. (HCM), among others. In March, Baidu (BIDU) said it was "actively

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TAL Education, Mercury Fintech added to list of companies facing possible delisting by SEC
Stock Information
Company Name: Yum China Holdings Inc.
Stock Symbol: YUMC
Market: NYSE
Website: yumchina.com
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