Problem: Some big-name Chinese stocks including Alibaba Group Holding Ltd. and Baidu Inc. face the prospect of getting kicked off the New York Stock Exchange and Nasdaq if they refuse to let U.S. regulators see their financial audits. Read the news article and respond to the questions
Article: SEC adds over 80 companies to list of firms facing delisting risk, including China's JD Published Wed, May 4 2022 at CNBC
1. What are the background and reasons for SEC to delist the stock?
2. What is "creative accounting"? How to avoid it in practice?