BRIEF: iMotion Automotive replaces auditor
Autonomous driving technology company iMotion Automotive Technology (Suzhou) Co. Ltd. (1274.HK) announced Tuesday that PricewaterhouseCoopers has resigned as its auditor, effective Nov. 5. The company’s board has recommended appointing KPMG…
CICC Probed by Regulator, and Huawei Trials New Harmony OS
CICC has been fined for its lax due diligence with IPO candidate S2C. And Huawei beta tests the latest rendition of its Harmony smartphone operating system. By Doug Young &…
FAST NEWS: Gogox replaces auditor in cost-reduction move
The Latest: Online logistics services provider Gogox Holdings Ltd. (2246.HK) announced Thursday that PricewaterhouseCoopers has resigned as the company’s auditor at the request of its board. Looking Up: The company has appointed Forvis as…
FAST NEWS: New Horizon Health CFO, auditor resign
The Latest: Cancer-screening device maker New Horizon Health Ltd. (6606.HK) announced Monday that Deloitte has resigned as its auditor, effective Sept. 9. Separately, the company said its CFO Gao Yu also announced…
PODCAST: A Microchip Mega-Fund, and an Accounting Crisis
China has set up a $50 billion fund to support its microchip sector. Will the big bucks be enough to overcome U.S. sanctions? And a growing number of Chinese companies dump PwC as their auditor. Is the flight related to PwC's role as auditor for insolvent developer Evergrande?
New Horizon Health launches probe into disputed sales figures
The provider of cancer-screening products issued a positive profit alert in January, but the full earnings report has yet to appear after auditors raised questions about the company’s revenues Key…
Auditor drops Huafang, dealing new blow to China’s ‘internet bad boy’
KPMG’s resignation as auditor for the livestreaming entertainment platform is just the latest in a growing string of problems for the company backed by Zhou Hongyi Key Takeaways: KPMG has…
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