Sou Hu Cai Jing·2025-05-03 07:00Core Points - US lawmakers are urging the SEC to delist several Chinese companies, including Alibaba, citing national security risks [2] - The letter was signed by key committee chairs, highlighting 25 Chinese companies listed in the US, including Baidu, JD.com, and Weibo [2] - The SEC has the authority under the Holding Foreign Companies Accountable Act (HFCAA) to suspend trading or revoke the securities registration of these companies [2] - This action is part of a broader strategy by the US to counter China [2] - The new SEC chairman, Paul Atkins, has not yet announced specific regulatory measures against Chinese firms [2] - The previous SEC chairman, Gary Gensler, had already intensified scrutiny on Chinese-related securities [2] Responses and Reactions - Paul Atkins emphasized the importance of accounting and auditing in protecting investors and capital markets [3] - The Chinese embassy in the US condemned the US approach, arguing against the politicization of economic and technological issues [3] - The SEC stated that Atkins will directly respond to the congressional letter [3]