Some Chinese Companies Find Workaround to Avoid U.S. Delisting

HONG KONG—Several Chinese companies that face the prospect of being booted off American stock exchanges have come up with a way to keep their U.S. listings, while Beijing seeks to resolve a long-running audit standoff with Washington.

The China franchise of Canadian coffee chain Tim Hortons—which is preparing to go public via a merger with a U.S.-listed blank-check firm—and biotechnology company BeiGene Ltd. are among those preparing to comply with a new law and give U.S. regulators access to their audit records. The companies are tapping U.S.-based accounting firms as their principal auditors, according to people familiar with the matter and public filings.

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