# Webull Shares Plunge After US House Panel Report

> Webull stock drops 18% as US House panel flags structural China ties.
- Title: Webull Shares Plunge After US House Panel Report | Shortify
- Summary: Webull stock drops 18% as US House panel flags structural China ties. Webull shares fell 18% after a US congressional panel reported structural ties to the…
- Keywords: webull, us house panel, china ties, stock plunge, congressional report, structural ties, webull shares, money, business, Shares, Plunge, House
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/news/webull-sinks-over-19-after-cnbc-reports-us-house-panel-flagged-china-ties/articleshow/134769396.cms
- Published: 2026-10-07T15:18:00+00:00
- Read time: 1 min
- Topics: webull, us house panel, china ties, stock plunge, congressional report, structural ties, webull shares, money, business
## Webull Shares Plunge
Webull shares tumbled more than 18% on Wednesday after CNBC reported a US congressional panel found structural ties to the Chinese government.

> tied in structural ways
## House Committee Report
The bipartisan House Select Committee on China identified a profound gap between Webull’s public marketing and its actual corporate control.

> a profound gap
## Corporate Structure Concerns
The committee found Webull’s software development, data pipelines, and core engineering operations relied on infrastructure subject to Chinese laws.

> software development, data pipelines, and core engineering operations
## Stock Decline Impact
Webull’s stock fell to its lowest level in nearly four months and was on course for its steepest one-day percentage decline since April 2025.

> lowest level in nearly four months
## Analyst Reaction
Siebert Financial analyst Brian Vieten suspended his buy rating and price target on Webull due to regulatory uncertainty.

> suspended his buy rating
## Broader US-China Scrutiny
The findings highlight increasing Washington scrutiny of Chinese links to US financial services companies.

> increasing Washington scrutiny
## Key takeaway

Webull shares fell 18% after a US congressional panel reported structural ties to the Chinese government.