SHANGHAI, (Reuters) – Yum China Holdings, the Chinese owner of KFC and Taco Bell restaurants, has said that it could have to delist the New York Stock Exchange by 2024. This is after being named by U.S. authorities for not providing access to audit records.

Yum shares listed in Hong Kong fell 10.2%

Yum stated in a statement that “Under current terms of Act, the Company’s Common Stock will be removed from the New York Stock Exchange early 2024 unless the Act to exclude it or the U.S. Public Company Accounting Oversight Board can conduct a complete inspection of company auditor within the required timeframe.”

“The company will continue monitoring market developments and evaluating all strategic options.

Five New York-listed Chinese businesses were identified by the U.S. Securities Exchange Commission, (SEC), this week. They will be removed from New York stock if they don’t provide audit documentation access.

Washington demands complete access to U.S.-listed Chinese companies’ books, but Beijing blocks foreign inspection of local accounting firms’ working papers. This auditing dispute could threaten hundreds of billions in U.S. investment.

The companies were given until March 29, 2009, to provide evidence for disputing their identity.

Other companies that were named include BeiGene (NASDAQ:) Ltd, which stated in a filing it was seeking solutions. Beigene shares tumbled 7%.

ACM Research Inc (NASDAQ:) Inc also included, who stated that they are actively searching for solutions. Zai Lab Limited stated its inclusion in “will not materially affect operations”

HUTCHMED (China) Limited, which was also listed as an issuer non-compliant, did not respond immediately to inquiries for comment.