Industry News2 Min Read RainManonApril 21, 2022 CSRC official says uncertainty over audit issues for Chinese firms will soon be removed China will allow the PCAOB to conduct its review legally and reasonably, and this uncertainty is believed to be removed soon, said Fang…
Industry News3 Min Read RainManonApril 2, 2022 China’s securities regulator issues new draft regulation, hinting at positive surprise on audit issues "This reflects the consistent openness of Chinese regulators to cross-border audit and regulatory cooperation and is in line with relevant…
Industry News2 Min Read RainManonApril 1, 2022 China considers allowing full US access to most firms’ audits, report says If the plan goes ahead, it would mark an unusual reversal by Beijing, potentially ending a decades-long dispute, Bloomberg reported.
Industry News2 Min Read RainManonMarch 31, 2022 Chinese securities regulator responds after more firms placed on SEC list for possible delisting Whether the companies are actually delisted in the next two years will ultimately depend on the progress and outcome of the US-China audit and…
Industry News3 Min Read RainManonMarch 27, 2022 Chinese securities regulator gives more positive signals on audit issues The CSRC held a video exchange today with some US-listed Chinese companies and investment firms to hear their views on the recent situation…
Industry News2 Min Read RainManonMarch 25, 2022 PCAOB sees no room for compromise on audit issues, report says Market speculation about a final agreement on accounting regulation between the PCAOB and the Chinese side is premature, local media said,…
Industry News2 Min Read RainManonMarch 17, 2022 US, China securities regulators hold talks on audit issues, report says The two sides plan to further strengthen communication and reach arrangements as soon as possible within a framework that is consistent with…
Industry News2 Min Read RainManonMarch 16, 2022 China voices support for capital markets after recent turmoil Chinese and US regulators have maintained good communication over regulation of US-listed Chinese companies, have made positive progress and…
Nio1 Min Read RainManonMarch 15, 2022 Hong Kong-listed EV stocks plunge as broad market sell-off continues Nio opened down 8.11 percent, Xpeng opened down 5.24 percent and Li Auto opened down 14.98 percent.
Nio2 Min Read RainManonMarch 15, 2022 Deutsche Bank on ‘fire sale’ of China EV stocks: Near-term technical trough could occur, but multiples may remain paralyzed for awhile Last week, some entities chose to "be first" and this may have turned into a fire sale where institutional shareholders simply have given up…