Silicon Valley Funding News - Week of December 7, 2020. Salesforce Acquired Slack for $27.7B

As of October 2, 2020, there are 217 Chinese companies listed on U.S. stock exchanges with a total market capitalization of $2.2 trillion, including 13 national-level Chinese state-owned enterprises (SOEs).

All 217 of these companies could potentially be impacted by the Holding Foreign Companies Accountable Act which is currently sitting on President Trump's desk (after being unanimously passed by both Congress and the Senate). 

If this bill is signed into law, Chinese companies listed in the US may have to give up their listings on Wall Street if they refuse to open their books to U.S. accounting regulators. It could also bar them from raising money from American investors. While the law technically applies to companies from any country, it is mainly targeting Chinese corporations.

Here is the complete list of Chinese companies listed on the NASDAQ, New York Stock Exchange, and NYSE American, the three largest U.S. exchanges by the size of their market cap. This list some of the most important internet companies in China:

• Alibaba
• JD.com
• Baidu
• NetEase
• Ctrip
• iQiyi
• VIP shop
• YY,
• 51job
• Momo
• Sohu
• Many more...

This week a total of 24 startups raised $542.7M in funding, 1 M&As: 

• $80.4M goes to 8 Enterprise startups
• $67M goes to 2 Healthcare startups
• $156M goes to 4 BioTech startups
• $66M goes to 2 FinTech startups
• $20M goes to 1 HR startup
• $50M goes to 1 Renewable Energy startup
• $9.3M goes to 2 E-Learning startups
• $14M goes to 1 Gaming startup
• $60M goes to 2 Automotive startups
• $20M goes to 1 Construction startups