CICC tarnished by due dilligence probe
The investment banking giant is under investigation over its role in a failed public offering by chip company S2C, which was found to have inflated its pre-IPO earnings Key Takeaways: …
UP Fintech, Futu Under Pressure to Go Global as Regulatory Bomb Blows Up in China
Overseas expansion is becoming critical for the pair of online brokers after China’s securities regulator said their cross-border trading services for mainland investors were illegalKey Takeaways:China’s securities regulator said UP…
U.S. Gives High Marks to First Inspections of New York-listed Chinese Companies
The U.S. securities regulator’s accounting arm said it obtained ‘complete access’ to companies it targeted under a landmark information-sharing agreement reached in AugustKey Takeaways:The PCAOB gave a positive review of…
FAST NEWS: U.S. Warns of ‘Significant Issues,’ ‘Time Running Out’ to Reach Securities Deal With China
The latest: Despite recent progress in negotiations for an information-sharing agreement between U.S. and Chinese securities regulators, “significant issues remain and time is quickly running out” to reach such an…
FAST NEWS: Are They or Aren’t They? Conflicting Word on U.S. Securities Regulators in Beijing
The latest: Reuters reported on Friday that U.S. securities officials were in Beijing for discussions on an information-sharing agreement with their Chinese counterparts. But later the U.S. Public Company Accounting…
U.S.-Bound China IPO Train Could Resume by Summer, Latest Signals Show
Chinese securities regulator issues draft rule changes that would allow U.S.-listed Chinese firms’ auditors to share information with the SEC Key Takeaways: China’s securities regulator has published draft rule changes…
New Beijing Signals Reinforce China’s Intent to Reopen U.S. IPO Pipeline
The latest comments from top securities regulators follow the late December release of new regulations governing offshore listings by Chinese companies Key Takeaways: China Securities Regulatory Commission Chairman Yi Huiman…