The U.S. and China struck a deal that would allow American accounting regulators to inspect China-based audits and possibly prevent numerous Chinese companies from being kicked off American stock …
Tagged By financials
PCAOB signs pact with China to allow audit inspections
Under the agreement, inspectors will be able to see complete work papers without any redactions and select any issuer audits.
China’s Bank of Communications’ first-half profit up 4.8%
China’s Bank of Communications on Friday reported a 4.8 per cent rise in first-half net profit as the economy recovered from the COVID-19 pandemic.Profit rose to 44.04 billion yuan ($6.42 billion) for …
China’s World Metaverse Conference Underway in Beijing
World Metaverse Conference (WMC) kicked off Friday in Beijing against concerns over restrictive crypto policies in the country. “The Hash” hosts discuss how officials in China view the metaverse and …
Abhijit Bhattacharyya | Time to join forces to take on Beijing’s ‘wolf warriors’
It was therefore no surprise that Beijing’s chief “wolf warrior” diplomat in charge of its New Delhi embassy, at the first media interaction after a two-year Covid-plagued gap, went into overdrive …
U.S.-China audit agreement ‘a major catalyst,’ expert explains
Beijing offered a rare concession Friday, agreeing to allow U.S. accounting regulators to examine the audits of Chinese firms listed on American stock exchanges.
U.S.-China audit agreement ‘a major catalyst,’ expert explains
Beijing offered a rare concession Friday, agreeing to allow U.S. accounting regulators to examine the audits of Chinese firms listed on American stock exchanges.
US and China reach deal on audits of listed companies
The United States and China have reached an agreement allowing U.S. regulators to investigate audits of Chinese-based firms traded in American markets.
US and China reach deal on audits of listed companies
The United States and China have reached an agreement allowing U.S. regulators to investigate audits of Chinese-based firms traded in American markets.
China’s Bank of Communications warns of property market risks
China’s Bank of Communications (BoCom) on Friday warned of liquidity risks in the property sector after it posted an almost 5% rise in first half net profit. “Asset quality control in the second half …
Historic Agreement Between China, U.S. Could Prevent Stock Delisting
The U.S. and China have reached a landmark preliminary agreement that could prevent nearly 200 Chinese companies from being delisted from the U.S. stock exchanges.
China’s property market is on the brink. Here’s what it means for investors
At that time, Ed Yardeni raised the specter that an Evergrande meltdown could turn into China’s version of a “Lehman Moment.” But most economists downplayed the likelihood of global contagion, and U.S …
China allocates 10 bln yuan for drought relief, autumn grain production
China Ministry of Finance on Friday earmarked 10 billion yuan about 146 billion US dollars central reserve funds to support dr …
