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

📆 2022/04/05 17:05:00
📰 WSJ

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

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!!!

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: nbcchicago - 🏆 545. / 51 Read more »