China and U.S Sign Agreement on Audit Dispute

PCAOB2022-08-26

FACT SHEET: CHINA AGREEMENTStatement of Protocol Marks First Step Toward Complete Access for PCAOB to Select, Inspect and Investigate in ChinaWashington, Aug. 26, 2022On August 26, 2022, the Public ...

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KH321
·2022-08-29
OK
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2
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3033H
·2022-08-28
Great news
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2
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robot1234
·2022-08-28
China, US’ initial deal on audit cooperation a significant step, but not a ‘once-for-all’ antidote: analysts. VCGChina and the US have reached a long-stalled agreement on the year-long audit dispute for listed companies, based on the principles of equality and reciprocity and abiding by each other's laws, the Chinese securities regulator announced on Friday, marking a significant breakthrough in bilateral auditing cooperation that partially helps to clear delisting clouds hanging over 280 Chinese companies listed in the US.Some investors hailed the preliminary agreement as a partial reconciliation between the Chinese and US sides and a thaw in downward spiraling bilateral relations. Such optimistic sentiment was reflected by a bull run for US-listed Chinese companies at the opening of the
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8
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Simonnov
·2022-08-27
Ic
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2
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Ccchia
·2022-08-27
K
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2
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robot1234
·2022-08-27
U.S.-China audit agreement ‘a major catalyst,' expert explains. Beijing offered a rare concession Friday, agreeing to allow U.S. accounting regulators to examine the audits of Chinese firms listed on American stock exchanges.Major Chinese companies such as Alibaba and Baidu may be rewarded in return, as investors “see a re-valuation of” some of the largest tech names, according to KraneShares Chief Investment Officer Brendan Ahern, who manages the KraneShares CSI China Internet ETF (KWEB).“The agreement is a major catalyst — it’s a major first step,” Ahern said on Yahoo Finance Live (video above). “The securities that we hold within KWEB are at half [price to earnings ratio], half the peg ratio relative to US internet companies. We should see a bit of re-rating there.”The agreement between
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Fold Replies
- JeremyKok:
  will it cause Ali baba price to bounce back up?
  2022-09-02
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- Andrewinho:
  Ok
  2022-08-27
  Reply
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- spkek:
  ok
  2022-08-27
  Reply
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RichyRick
·2022-08-27
Good to know
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Seah CL
·2022-08-27
K
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Ericlam
·2022-08-27
nice
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fysx49
·2022-08-27
Like
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2
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Gee1
·2022-08-27
great
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5
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Lulup
·2022-08-27
ok
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4
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Eded
·2022-08-27
From today crash , it shows that this news is unable to brighten up the China stocks price as well. Still US internal actions more mighty or influential
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逢場作戲又一日
·2022-08-27
Great
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377tkr
·2022-08-27
Ok
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3
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股惑仔79
·2022-08-27
[What]
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jannn
·2022-08-27
[smile]
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fabio
·2022-08-27
Finally
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ZenInv
·2022-08-27
Interests determine results
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Kerrisdale
·2022-08-26
This is big relentment by the Chinese. Perhaps the cost of withdrawals is just too painful and costly.
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VCGChina and the US have reached a long-stalled agreement on the year-long audit dispute for listed companies, based on the principles of equality and reciprocity and abiding by each other's laws, the Chinese securities regulator announced on Friday, marking a significant breakthrough in bilateral auditing cooperation that partially helps to clear delisting clouds hanging over 280 Chinese companies listed in the US.Some investors hailed the preliminary agreement as a partial reconciliation between the Chinese and US sides and a thaw in downward spiraling bilateral relations. 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determine results","listText":"Interests determine results","text":"Interests determine results","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994016788","repostId":1150012863,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9994031617,"gmtCreate":1661528412141,"gmtModify":1676536536085,"author":{"id":"3569672085341585","authorId":"3569672085341585","name":"Kerrisdale","avatar":"https://static.tigerbbs.com/a4d14a21feeb313f6dab3cc9b67b4219","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3569672085341585","idStr":"3569672085341585"},"htmlText":"This is big relentment by the Chinese. 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