"Over 50 Chinese companies will list on the Nasdaq in the next 12 months," said Bob McCooey, Vice Chairman of Nasdaq, in a recent interview with CNBC. He noted during the interview, "We still have a fairly strong pipeline... As the market situation becomes increasingly clear, we believe this market could see substantial growth." Washington and Beijing reached an agreement in August that allows the U.S. to conduct inspections within China, which is regarded as a positive step toward resolving the escalating audit disputes in recent years. Reuters cited unnamed sources last week as saying that China has dispatched regulatory authorities to assist inspectors from the U.S. Public Company Accounting Oversight Board (PCAOB) who are carrying out inspections of companies listed in Hong Kong. "I don't want to get ahead of myself," McCooey told CNBC. But if U.S. regulators are satisfied with the audit work papers from Hong Kong, "the risk that these companies will be delisted will be reduced." He added, "We hope everything progresses smoothly, and that in the coming months we will see Chinese companies continue to list, which will also bring confidence to other companies preparing to list in the U.S." © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting & Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same ultimate beneficial owner. The two companies share the same ultimate beneficial owner, both companies are under unified management, and they comply with the laws of Hong Kong and mainland China.