US regulator gets access to Chinese audits
The threat of delisting that has haunted Chinese companies that trade on US exchanges appears to have receded after the US regulators announced they had gained full access to the audits of these companies for the first time.
The US Public Company Accounting Oversight Board (PCAOB) said it sent 30 staff to Hong Kong between September and November to conduct inspections and investigations, according to a statement. This followed...
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