The PCAOB did identify some deficiencies in their inspection work, but it was able to view complete audit work papers with no redactions.
December 16, 2022Deloitte China personnel asked certain Chinese clients to select their own samples for testing and prepare their own audit documentation.
October 3, 2022PCAOB inspectors have been in Hong Kong this week to commence audit inspections of US-listed Chinese companies at PwC and KPMG’s offices.
September 23, 2022PCAOB inspectors are expected to arrive in Hong Kong soon, but will have to serve three days in hotel quarantine before beginning work at PwC and KPMG's Hong Kong offices.
September 16, 2022The CSRC will push forward legislation to enact new overseas listing rules, and support the establishment of a new registration system for Chinese firms seeking foreign IPOs.
September 6, 2022Alibaba, Netease, Baidu, JD.com and Yum China are among the first Chinese firms selected for the PCAOB's audit checks in Hong Kong
September 1, 2022Chinese regulators have tried to mollify US regulators, but the PCAOB says it will accept nothing less than "full access" to the audit papers of US-listed Chinese companies.
August 3, 2022Alibaba is planning to upgrade its secondary listing status in Hong Kong to a primary listing, so that it can qualify for inclusion in Stock Connect and benefit from mainland investment.
July 27, 2022New offices in Europe and the US will allow HKEX to provide services and support to international companies seeking to list or invest in Hong Kong.
May 24, 2022The talks are described as "late stage" due to concessions made by the CSRC. The SEC has added over 80 more companies to a list of Chinese firms that could be delisted in New York.
May 9, 2022