A bill that could force Chinese companies to give up their listings on American exchanges is now moving at 'warp speed,' Raymond James says.
A bill that could force Chinese companies to give up their listings on American stock exchanges is now moving at "warp speed" in Congress, one analyst says.
Rep. Brad Sherman, a California Democrat on the House Financial Services Committee, announced Wednesday evening a companion bill in his chamber. "We believe there will be a significant push for the legislation to be taken up in the coming weeks, and we believe it is only a matter of time before this bill is signed into law," Mills wrote.
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