China's legislative body recently passed its first Futures and Derivatives Law after nearly a decade of work. The law aims to provide a legal basis for various activities in the market, as well as cross-border transactions. The new law will take effect on August 1.

So far this month, the U.S. Securities and Exchange Commission (SEC) has identified another 29 firms that failed to comply with U.S. auditing requirements and are therefore subject to possible delisting.

In a draft regulation, the China Securities Regulatory Commission (CSRC) and several other agencies recently updated rules governing audit and accounting information of domestic companies listed abroad. The new rules could potentially remove some hurdles for U.S. regulators to access Chinese listed companies' audit working papers.

China's National Development and Reform Commission and Ministry of Commerce recently issued the 2022 version of the negative list for market access, along with certain requirements for agencies to implement the list.

The U.S. Securities and Exchange Commission (SEC) added one Chinese company to the provisional list of companies that fail to comply with U.S. auditing requirements.

At a recent meeting of the Financial Stability and Development Committee under the State Council, Chinese Vice Premier Liu He said that the Chinese government supports companies listing overseas, and is making progress on working with the United States to find a "specific cooperation plan" to bridge legislative

The U.S. Securities and Exchange Commission (SEC) identified five Chinese companies as part of the process of delisting Chinese companies that fail to comply with a 2020 U.S. law. In the meantime, Chinese regulators seem confident that "cooperation arrangements" are possible.