The U.S securities regulator has added nearly 90 Chinese companies to a non-compliance list. These firms will face a potential Wall Street delisting under a 2020 law.

On Wednesday, May 4, the U.S. Securities and Exchange Commission named 88 US-listed Chinese companies to its provisional delisting list under the Holding Foreign Companies Accountable Act.

The list includes some of the largest Chinese companies traded on US exchanges such as China Petroleum & Chemical Corporation (Sinopec), JinkoSolar Holding, NetEase, and Nio. Some other big names are JD.com, Pinduoduo, and Bilibili.

The commission gives these companies three weeks to submit evidence to prove that they are not eligible for delisting by the deadline on May 25.

If they can not submit their evidence to remain listed, these Chinese companies would face possible expulsion from American exchanges, because China has refused to allow access to their financial audits based on its national security law.

The securities commission has renewed its watchlist of Chinese companies to face delisting five times.

Since the lawmakers passed the Holding Foreign Companies Accountable Act in 2020, the Securities and Exchange Commission has laid the groundwork for identifying companies that don’t comply.

According to Bloomberg, Wall Street’s watchdog has long been expected to crack down on about 200 U.S.-listed firms with parent companies based in China and Hong Kong.

Provisional list of issuers identified under the HFCAA
Issuer NameCIKDate provisionally identifiedDate by which the issuer may submit evidence disputing identification
Zhihu Inc.1835724April 21, 2022May 12, 2022
Nova Lifestyle, Inc.1473334April 21, 2022May 12, 2022
LOVARRA1746278April 21, 2022May 12, 2022
BeyondSpring Inc.1677940April 21, 2022May 12, 2022
Luckin Coffee Inc.1767582April 21, 2022May 12, 2022
Aurora Mobile Limited1737339April 21, 2022May 12, 2022
Scientific Energy, Inc.1276531April 21, 2022May 12, 2022
China Foods Holdings Limited1310630April 21, 2022May 12, 2022
Value Exchange International, Inc.1417664April 21, 2022May 12, 2022
JRSIS Health Care Corporation1597892April 21, 2022May 12, 2022
Entrepreneur Universe Bright Group1171326April 21, 2022May 12, 2022
CBAK Energy Technology, Inc.1117171April 21, 2022May 12, 2022
ZW Data Action Technologies Inc.1376321April 21, 2022May 12, 2022
AMTD IDEA Group1769731April 21, 2022May 12, 2022
BEST Inc.1709505April 21, 2022May 12, 2022
Li Auto Inc.1791706April 21, 2022May 12, 2022
KE Holdings Inc.1809587April 21, 2022May 12, 2022
Huaneng Power International, Inc.929058May 4, 2022May 25, 2022
Aluminum Corporation of China Limited1161611May 4, 2022May 25, 2022
Gracell Biotechnologies Inc.1826492May 4, 2022May 25, 2022
Fangdd Network Group Ltd.1750593May 4, 2022May 25, 2022
Yatsen Holding Limited1819580May 4, 2022May 25, 2022
Bilibili Inc.1723690May 4, 2022May 25, 2022
Pinduoduo Inc.1737806May 4, 2022May 25, 2022
36Kr Holdings Inc.1779476May 4, 2022May 25, 2022
Autohome Inc.1527636May 4, 2022May 25, 2022
Full Truck Alliance Co. Ltd.1838413May 4, 2022May 25, 2022
Yalla Group Limited1794350May 4, 2022May 25, 2022
Gaotu Techedu Inc.1768259May 4, 2022May 25, 2022
Yunji Inc.1759614May 4, 2022May 25, 2022
ATA Creativity Global1420529May 4, 2022May 25, 2022
UTStarcom Holdings Corp.1030471May 4, 2022May 25, 2022
LAIX Inc.1742056May 4, 2022May 25, 2022
Tencent Music Entertainment Group1744676May 4, 2022May 25, 2022
Adagene Inc.1818838May 4, 2022May 25, 2022
Cango Inc.1725123May 4, 2022May 25, 2022
VNET Group, Inc.1508475May 4, 2022May 25, 2022
Smart Share Global Limited1834253May 4, 2022May 25, 2022
Huazhu Group Limited1483994May 4, 2022May 25, 2022
CNFinance Holdings Limited1733868May 4, 2022May 25, 2022
UCLOUDLINK GROUP INC.1775898May 4, 2022May 25, 2022
Huize Holding Limited1778982May 4, 2022May 25, 2022
Hello Group Inc.1610601May 4, 2022May 25, 2022
Niu Technologies1744781May 4, 2022May 25, 2022
Trip.com Group Limited1269238May 4, 2022May 25, 2022
Vipshop Holdings Limited1529192May 4, 2022May 25, 2022
Lizhi Inc.1783407May 4, 2022May 25, 2022
17 Education & Technology Group Inc.1821468May 4, 2022May 25, 2022
Viomi Technology Co., Ltd1742770May 4, 2022May 25, 2022
ATRenew Inc.1838957May 4, 2022May 25, 2022
Sunlands Technology Group1723935May 4, 2022May 25, 2022
BlueCity Holdings Limited1791278May 4, 2022May 25, 2022
XPeng Inc.1810997May 4, 2022May 25, 2022
ZTO Express (Cayman) Inc.1677250May 4, 2022May 25, 2022
Agora, Inc.1802883May 4, 2022May 25, 2022
EHang Holdings Limited1759783May 4, 2022May 25, 2022
Phoenix New Media Limited1509646May 4, 2022May 25, 2022
Dada Nexus Limited1793862May 4, 2022May 25, 2022
X Financial1725033May 4, 2022May 25, 2022
China Southern Airlines Company Limited1041668May 4, 2022May 25, 2022
UP Fintech Holding Limited1756699May 4, 2022May 25, 2022
China Eastern Airlines Corporation Limited1030475May 4, 2022May 25, 2022
JD.com, Inc.1549802May 4, 2022May 25, 2022
China Mobile Limited1117795May 4, 2022May 25, 2022
Sinopec Shanghai Petrochemical Company Limited908732May 4, 2022May 25, 2022
JinkoSolar Holding Co., Ltd.1481513May 4, 2022May 25, 2022
Tuya Inc.1829118May 4, 2022May 25, 2022
360 DigiTech, Inc.1741530May 4, 2022May 25, 2022
HUYA Inc.1728190May 4, 2022May 25, 2022
NetEase, Inc.1110646May 4, 2022May 25, 2022
Waterdrop Inc.1823986May 4, 2022May 25, 2022
GDS Holdings Limited1526125May 4, 2022May 25, 2022
Canadian Solar Inc.1375877May 4, 2022May 25, 2022
Youdao, Inc.1781753May 4, 2022May 25, 2022
Fuwei Films (Holdings) Co., Ltd.1381074May 4, 2022May 25, 2022
Xunlei Limited1510593May 4, 2022May 25, 2022
Zepp Health Corporation1720446May 4, 2022May 25, 2022
Guangshen Railway Company Limited1012139May 4, 2022May 25, 2022
KANZHUN LIMITED1842827May 4, 2022May 25, 2022
China Petroleum & Chemical Corporation1123658May 4, 2022May 25, 2022
NIO Inc.1736541May 4, 2022May 25, 2022
CooTek (Cayman) Inc.1734262May 4, 2022May 25, 2022
Jianpu Technology Inc.1713923May 4, 2022May 25, 2022
LexinFintech Holdings Ltd.1708259May 4, 2022May 25, 2022
FinVolution Group1691445May 4, 2022May 25, 2022
111, Inc.1738906May 4, 2022May 25, 2022
China Life Insurance Company Limited1268896May 4, 2022May 25, 2022
RLX Technology Inc.1828365May 4, 2022May 25, 2022
DouYu International Holdings Limited1762417May 4, 2022May 25, 2022
Tuniu Corporation1597095May 4, 2022May 25, 2022
Baozun Inc.1625414May 4, 2022May 25, 2022
Fanhua Inc.1413855May 4, 2022May 25, 2022
Burning Rock Biotech Limited1792267May 4, 2022May 25, 2022
Hudson Capital Inc.1687542May 4, 2022May 25, 2022
Canaan Inc.1780652May 4, 2022May 25, 2022
I-Mab1778016May 4, 2022May 25, 2022
Qudian Inc.1692705May 4, 2022May 25, 2022
PetroChina Company Limited1108329May 4, 2022May 25, 2022
Genetron Holdings Limited1782594May 4, 2022May 25, 2022
JOYY Inc.1530238May 4, 2022May 25, 2022
iHuman Inc.1814423May 4, 2022May 25, 2022
Chindata Group Holdings Limited1807192May 4, 2022May 25, 2022
ReneSola Ltd1417892May 4, 2022May 25, 2022
Concord Medical Services Holdings Limited1472072May 4, 2022May 25, 2022
Sinovac Biotech Ltd.1084201May 4, 2022May 25, 2022

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