The heads of two Congressional panels have urged the Securities and Exchange Commission to delist Chinese groups, including Alibaba, that they say have military links that put US national security at risk.
John Moolenaar, the Republican chair of the House China committee, and Rick Scott, the Republican chair of the Senate committee on ageing, wrote to SEC chair Paul Atkins on Friday to ask his agency to take action against 25 Chinese groups listed on American exchanges.
The targets also include search engine Baidu, online retail platform JD.com and the popular social media platform Weibo.
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