BRIEF: New Horizon Health announces chairman’s departure
Cancer-screening device maker New Horizon Health Ltd. (6606.HK) announced on Tuesday that Zhu Yeqing has stepped down as the company’s chairman and CEO for health reasons. The board has appointed non-executive director…
BRIEF: Dida changes auditor from Deloitte to local Hong Kong company
Ride sharing company Dida Inc. (2559.HK) said on Monday it has changed its auditor from global firm Deloitte to the locally based RSM Hong Kong. Following the switch, RSM will…
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…
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…
U.S. gives failing marks to independent auditors of New York-listed Chinese companies
The accounting arm of the U.S. securities regulator found major problems with work done by two independent auditors for seven of eight Chinese companies it inspected Key Takeaways: The accounting…
CHINA BULLETIN: Mixed Manufacturing Signals
After a rough few weeks, China stocks finally gave investors something to cheer about last week when most of the country was closed for the Oct. 1 National Day holiday. The Hang Seng China Enterprises Index rose 2.7% during the week, while the iShares MSCI China ETF rose by a smaller 1.3%, compared with a 3% rise for the broader Hang Seng Index.
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