WSJ News Exclusive | Some Chinese Companies Find Workaround to Avoid U.S. Delisting

Nederland Nieuws Nieuws

WSJ News Exclusive | Some Chinese Companies Find Workaround to Avoid U.S. Delisting
Nederland Laatste Nieuws,Nederland Headlines

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

Regulators in China are also working on a plan to comply with U.S. demands for full access to companies’ audit working papers

The new Beijing stock exchange is meant to help smaller companies get more investment to fund innovation, according to a Chinese regulator. Its debut comes even as China tightens its grip on companies seeking listings overseas. WSJ’s Anna Hirtenstein explains. Photo: Li Xin/Zuma PressHONG KONG—, while Beijing seeks to resolveThe China franchise of Canadian coffee chain Tim Hortons—which is preparing to go public via a merger with a U.S.

 

retheauditors Chinese companies (CCP) raise the auditing fees they pay. CCP strategy for gaining more leverage over auditors in order to cover everything up (accounting equivalent of a VIE). The US auditor must bear sole legal responsibility.

Ban them!!!

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Spike in China Stocks Caps a Volatile Month, But Investors May Be ‘Jumping the Gun'Spike in China Stocks Caps a Volatile Month, But Investors May Be ‘Jumping the Gun'The U.S. Securities and Exchange Commission has been identifying Chinese companies that could be delisted if they didn’t comply with audit requirements.
Lees verder »



Render Time: 2025-01-10 13:03:15