PaladinSir
2022-03-12

$Tiger Brokers(TIGR)$$Futu Holdings Limited(FUTU)$CSRC said working with SEC and not to politicise the matter. This matter can solve by allowing audit of audit working papers, what is so secretive? audit papers have no technology secrets or future strategies information. since the financial records are published, why cannot be audited? it's the Global times  that is politicising the matter, in interviews with SEC, it just want to have fairness and high quality of companies listed to protect global Investors.SEC is doing its job and CSRC respects that. Don't believe Global Times and all that noise from media targeting Chinese. The main focus is Chinese companies because of bad reputation from Luckin and obaque accounting standards. SEC will not channel it's limited resources to audit Singapore companies like Grab and SE because the accounting standards are international standards. Hope this will resolve by June

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Comments

  • KevinKelly
    2022-03-12
    KevinKelly
    YEAH, I hope all companies can really participate in the market under a unified standard.
  • AaronJe
    2022-03-12
    AaronJe
    Policies changing have a great impact on companies like TIGR.
  • Sugary
    2022-03-12
    Sugary
    so this is good
  • Nanamoney
    2022-03-12
    Nanamoney
    Looking forward
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