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…
China, U.S. Stock Regulators Hope New Agreement Will Succeed Where Others Haven’t
New information-sharing deal will give U.S. accounting regulator access to audit records for New York-listed Chinese firms. But will it really get what it wants? Key Takeaways: Having reached a…
FAST NEWS: Fosun Pharma Raises $660 Million in Non-public Placement of A-Shares
The latest: Shanghai Fosun Pharmaceutical (Group) Co. Ltd. (2196.HK; 600196.SH) announced on Wednesday it plans to raise up to 4.48 billion yuan ($660 million) through a non-public offering of about…
FAST NEWS: Ganfeng Lithium Investigated By Chinese Regulator for Suspected Insider Trading
The latest: Lithium compound producer Ganfeng Lithium Co. Ltd. (1772.HK; 002460.SZ) announced Sunday it’s facing an investigation by the China Securities Regulatory Commission (CSRC) for suspected insider trading in an…
Investors Unfazed as TAL Education Added to List of Chinese Firms at Risk of Delisting
The education company’s shares fell 1.6% after it was cited by the U.S. securities regulator for non-compliance with the Holding Foreign Companies Accountable Act Key Takeaways: The U.S. Securities and…
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…
Yan Palace Flocks to Shanghai as China’s First Bird’s Nest Stock
The maker of products using the traditional Chinese health food hopes to become the first in its class to go public, but faces growing competition from smaller rivals Key Takeaways:…
