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Investments are set to flow back into China as tech giants avoid U.S. delisting, government pledges policy support, says investment manager

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Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in 2024 if their audit information was not made available to PCAOB inspectors. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Investors could regain the confidence to put their money in Chinese tech stocks as these companies avoid delisting from U.S. stock exchanges and the Chinese government pledges policy support , according to one invest ment manager . Last week, U.S. accounting watchdog the Public Company Accounting Oversight Board said it gained full access to inspect and invest igate Chinese companies for the first time, after China finally granted the U.S. access in August. related investing news Is China set for a rebound in 2023? Wall Street pros weigh in — and reveal how to trade it Zavier Ong a day ago More than 100 Chinese tech companies such as Alibaba , Baidu and JD.com  had faced the risk of delisting in the U.S. in 2024 if their audit info...

Thousands of workers at 15 U.S. airports plan rallies and strikes in support of better working conditions

Airport workers across the country are rallying and walking off the job Thursday to draw attention to their current working conditions and legislation that could improve them. Workers at 15 U.S. airports, including ones in Dallas, Los Angeles, Miami, New York City and Phoenix, plan to participate in on-site rallies. Formal strikes — which could disrupt operations — are planned at Boston's Logan International Airport, Chicago's O'Hare International Airport and the Newark Liberty International Airport. The actions are expected to take place throughout the day and will see cabin cleaners, baggage handlers, janitors, security guards, wheelchair attendants and others participate. “Airport workers like me and working people all across the economy are fed up,” Verna Montalvo, a cabin cleaner at Dallas/Fort Worth International Airport, said in a statement provided by the Service Employees International Union, which is planning the action. The rallies are in support of the Good Job...