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𝕏xCN first seen 13 h ago, last 13 h ago, peak #3

China weighs giving US full access to company audits

Original: https:// bloomberg.com/news/articles/ 2022-04-01/china-weighs-giving-u-s-full-access-to-audits-of-most-firms … Stort!

Bloomberg reports that China is considering allowing US regulators full access to audit papers of most Chinese companies, a step that could ease the delisting threat hanging over hundreds of US-listed Chinese firms. Washington has demanded full audit access for years, and the dispute has pushed Chinese stocks toward possible removal from US exchanges.

Why now: A potential breakthrough in the US-China audit dispute would affect hundreds of listed Chinese companies and investors on both sides.

ChinaUnited StatesBloombergUS-listed Chinese companies

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