It's not going to stop trading in the US, get a grip. The exchanges want the business. These real Chinese companies bring a lot of needed volume to the exchanges and if they dropped them, London or some other exchange would love, they would fall over each other, to pick them up. The SEC and the US exchanges know this and that is the reason they will NOT delist.
Another point supporting your argument is that the story of the SEC's action is not warranting extended media coverage. This lack of deeper coverage implies that the SEC, US and China are indeed posturing and that the threats are empty.
I read the article JM...Seems a common thread among some of the people quoted is that it is political and can be resolved but how long will that take is the question. They could also delist many companies. Seems like a who is going to blink first and it might take months and months for anyone to blink. I'll hold on for now...I hope compromise comes but there is nothing certain that it will...The proverbial 'rock and the hard place' we all have to sit and wait.
Article's .cConclusion: My conclusion is that many Chinese companies will want to maintain a U.S. listing for prestige, access to investors, share liquidity, and most importantly for access to capital. I believe that management of most of these companies will find a way to remain listed in the U.S. This may include their changing to smaller auditing firms based in the U.S. or even in Hong Kong, who are in good graces with the SEC and the PCAOB.
IFFFFFFF Sina goes to another firm in the SEC good boy catagorey then Sina will get a nice pop and things get back to somewhat normal...The problem is how long will all this take?? Delisted and not on the US stock market anymore which is not good and tanks the PPS or do they make the move to another firm which seems to be the way to go. Since we probably won't know what is going to happen until it actually happens with the closed mouth approach Sina takes on such things we are all left to wallow in the darkness.