ACGA discusses outlook for U.S.-listed Chinese language companies

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The delisting of U.S.-listed Chinese language shares might come within the subsequent two to a few years, in line with Jamie Allen of the Asian Company Governance Affiliation.

“There would not appear to be an enormous incentive … for China to compromise, nor does the U.S. appear to need to compromise,” the secretary normal on the non-profit group informed CNBC’s “Squawk Box Asia” on Tuesday.

With each side showing to dig of their heels, Allen mentioned delisting for U.S.-listed Chinese language companies is ready to start out in just a few years.

“There are some discussions ongoing for the time being between the 2 sides, however these discussions have been going round in circles for fairly a very long time,” he mentioned. “Until there’s some change within the geopolitical relationship between these two international locations, it does appear to us that in two or three years you’ll begin to see delisting.”

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