U.S. eyeing possibility of delisting Chinese firms from U.S. exchanges

• Bloomberg News first reported earlier on Friday that Trump administration officials are considering ways to limit U.S. investors’ portfolio flows into China, including delisting Chinese companies from American stock exchanges and preventing U.S. government pension funds from investing in the Chinese market.

U.S.-listed stocks of Chinese companies fell sharply Friday, after a report that the White House is considering a limit to Chinese companies trading on U.S. The report from Bloomberg News cited people familiar with the matter and suggests an escalation of the tensions between the two economies that are already in the midst of a trade dispute.

Among the stocks that moved lower, Huya Inc. (HUYA), a live videogame streaming platform fell 9%, electric car maker Nio Inc. (NIO)  fell 10%, iQiyi Inc. (IQ), a Netflix type service, fell 9%, Internet giant Baidu Inc. (BIDU) fell 2.6% and Luckin Coffee (LK), the 'Starbucks' of China, fell 5%. E-commerce company Pinduoduo Inc. (PDD) was down 6%. Alibaba (BABA) was down 4.4%.

• By vol:  https://finviz.com/screener.ashx?v=211&f=geo_china&ta=0&o=-volume

• By % drop  https://finviz.com/screener.ashx?v=211&f=geo_china,sh_avgvol_o300&ta=0&o=change