What listings? Small Chinese firms withdraw their Wall Street IPO applications
Three Chinese companies have formally terminated their Nasdaq listing bids since April, in a relatively unusual step suggesting they are being abandoned by their underwriters Key Takeaways: Three small Chinese…
Beijing and Washington squeeze fading market for Chinese IPOs in U.S.
"I think that the regulators and Nasdaq have been asleep at the switch for quite a while." Rene Vanguestaine Key Takeaways: China is aggressively pressing companies to unwind opaque offshore…
U.S. listings by Chinese firms face mounting challenges on both sides of Pacific
While new Nasdaq rules threaten to derail many smaller U.S. listings by Chinese companies, China’s securities regulator is also stepping up its scrutiny of such listings Key Takeaways: China’s securities…
China reaffirms support for offshore IPOs, but new listings likely to remain small
More than 80 companies have successfully registered with China’s securities regulator to list shares in the U.S. and Hong Kong, and another 23 have registered to issue GDRs in Europe…
U.S.-China stock cooperation moves ahead with fines on two PwC China affiliates
The U.S. securities regulator’s accounting arm fined PwC’s Hong Kong and Shanghai units $7 million after hundreds of their workers cheated on online training tests Key Takeaways: The accounting arm…
China-U.S. IPO train creeps ahead with first new listing application
Majestic Ideal Holdings has become the first U.S. listing candidate to advance in a new application process required by China for all Chinese firms seeking to list abroad Key Takeaways:…
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…
