This is exactly how things should work. If you don't want to abide by a country's rules you are free to leave. How the US allowed these companies to list without enforcing the rules is another story..
https://fortune.com/2022/08/12/the-...-billion-of-chinese-equity-flees-wall-street/
https://fortune.com/2022/08/12/the-...-billion-of-chinese-equity-flees-wall-street/