• Analysts believe that China's state-controlled airlines will be the next probable group to leave the U.S. stock exchanges, maybe followed by technology giants, writes Bloomberg.

• The decision by five Chinese state-owned enterprises to leave U.S. stock markets raises doubts about whether authorities in both countries can agree on disclosure regulations.

• Beijing officials cite national security and secrecy issues as their justifications for not allowing U.S. Public Company Accounting Oversight Board inspections in China and Hong Kong.

• U.S. lawmakers are considering pushing a bill to forward the 2024 delisting deadline to next year for non-compliant corporations.

• China Eastern Airlines Corp.(NYSE: CEA) and China Southern Airlines Co.(NYSE: ZNH) may "soon" make announcements of voluntary delisting, similar to those made on August 12 by companies including China Life Insurance Co. (NYSE: LFC) and PetroChina Co.(NYSE: PTR), according to Redmond Wong, a Greater China market analyst at Saxo Bank.

• Also Read: China Denies Researching Any 'Delisting Survival Plan' For US-Listed Companies Like Alibaba, Nio

• Both airlines are controlled by the Assets Supervision and Administration Commission of the State Council (SASAC), the same entity that rules over four of the companies that disclosed their US-exit plans last week, he added.

• Price Action: CEA shares closed higher by 0.88% at $18.41, ZNH closed higher by 1.76% at $27.16, and PTR closed lower by 0.11% t $8.83 on Friday. LFC is trading lower by 2.03% at $7.25 during the premarket session on Monday.

• Photo via Wikimedia Commons

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