several chinese companies on friday announced they would voluntarily delist from the new york stock exchange a move that comes as they faced the prospect of being forcibly removed petrochina ptr  china life insurance lfc  sinopec shi and china petroleum  chemical corp and aluminum corp of china ach were among the companies to have separately announced their intention to delist from the new york stock exchange a unit of the intercontinental exchange ice  more actively traded chinese companies including alibaba baba  have made no announcement as to their us status their delisting comes as the securities and exchange commission had warned that hundreds of chinese companies were at risk of delisting by 2024 if they did not comply with rules including allowing audit inspections an official at china’s securities regulatory commission portrayed the moves as business decisions “listings and delistings are both common in capital markets according to these companies’ announcements they have strictly observed relevant us rules and regulations since listed on the us markets and the delisting decisions are made out of their business considerations these companies are listed on multiple markets and only a small portion of their securities are traded in the us markets” said a comment posted on its website there was no indication of the state of us and chinese talks on audit oversight cooperation tensions between the us and china have run high over a number of issues including the recent visit of house speaker nancy pelosi to taiwan which china claims as its own the dates vary but the last trading days for the companies are scheduled for late august and early september