More than 80 companies, including China’s, have been added to the SEC’s list of delisting risk.

May 5 (Reuters) – The US Securities and Exchange Commission (SEC) has added more than 80 companies, including China’s (9618.HK)to the list of entities facing possible expulsion from US stock exchanges amid a prolonged scrutiny standoff between the US and China.

On Wednesday, the Securities and Exchange Commission expanded the listing on a temporary list under a 2020 law known as the Foreign Holding Company Accountability Act (HFCAA), which aims to remove companies with foreign jurisdiction from US exchanges if they fail to comply with US auditing standards for three consecutive years.

In the long-running dispute, US regulators are demanding full access to auditing working papers of Chinese companies listed in New York, and stored in China.

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China has so far rejected the request on national security grounds, but regulators in the two countries are discussing operational details of an audit deal that Beijing hopes to sign this year. Read more said Thursday that it understands that the company has been identified by the Securities and Exchange Commission by law, and that it is actively exploring possible solutions.

“The company will continue to comply with applicable laws and regulations in both China and the United States, and will strive to maintain listing status on both the Nasdaq and Hong Kong Stock Exchanges,” said in a statement.

Another large Chinese company added to the SEC list was JinkoSolar Holding Co Ltd (JKS.N)China Petroleum and Chemical Corporation (600028.SS)Bilibili Corporation (9626.HK)and NetEase Inc (9999.HK)among other things.

Sources told Reuters in March that Chinese regulators had asked some US-listed companies in the country, including Alibaba. (9988.HK)Baidu (9888.HK)and to prepare more audit disclosures. Read more

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Report by Sabhatijahan Contractor, Akriti Sharma and Shivam Patel in Bengaluru; Editing by Uttaresh.V

Our criteria: Thomson Reuters Trust Principles.

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