The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) could pave the way for Beijing to strike an audit deal with the United States, ending a more than decade-old dispute, analysts and advisers said on Monday.
The five SOEs, including oil major Sinopec and China Life Insurance, whose audits have been under scrutiny by the U.S. securities regulator, said on Friday they would voluntarily delist from the NYSE.
