China Concept Stocks News

Date
Topic
Regulatory
Dec. 15, 2022
The spokesperson for the China Securities Regulatory Commission responds to questions from reporters on the progress of Sino-US audit regulatory cooperation.
CSRC
Dec. 14, 2022
PCAOB conducts its first-ever comprehensive inspection and investigation of Chinese companies
PCAOB
Sep. 28, 2022
SEC charged Deloitte-China, with failing to comply with fundamental U.S. auditing requirements, $20 million penalty.
SEC
| SEC charged Deloitte-China, with failing to comply with fundamental U.S.
auditing requirements in its component audits of U.S. issuers and its audits of
foreign companies listed on U.S. exchanges. Deloitte-China agreed to settle the
charges by paying a $20 million penalty and agreeing to extensive remedial
measures. The SEC order finds that, in the course of numerous audits over multiple years, Deloitte-China personnel asked clients to select their own samples for testing and to prepare audit documentation purporting to show that Deloitte-China had obtained and assessed the supporting evidence for certain clients’ accounting entries. This created the appearance that Deloitte-China had conducted the required testing of clients’ financial statements and internal controls when there was no evidence in the audit file that it had in fact done so. "While the SEC’s action today does not implicate a violation of the Holding Foreign Companies Accountable Act, the action does underscore the need for the PCAOB to be able to inspect Chinese audit firms,” Chair Gensler added. “A fundamental goal of the PCAOB’s inspection regime is to identify weaknesses in the firms’ quality control processes — the very weaknesses at issue in this case.” In addition to the financial penalty, the order censures Deloitte-China and requires the firm to complete a review and assessment of its policies and procedures by an independent consultant retained by Deloitte Touche Tohmatsu Limited (“Deloitte-Global”). The order further requires Deloitte-China to implement a plan to address deficiencies identified by the independent consultant that is approved and overseen by Deloitte-Global, and to subsequently undergo several additional annual reviews. The order also requires Deloitte-China to require additional training over three years for all of its audit professionals who serve U.S. public company audit clients. Click to view the original text. |
Sep. 5, 2022
SEC warns Chinese companies listed in the US to consider the risk of changing auditors within the same network alliance to comply with the Holding Foreign Companies Accountable Act (HFCAA)
SEC
Aug. 25, 2022
Statement on the Agreement between Regulatory Authorities in the United States and China and Hong Kong on Inspection and Investigation of Audit Firms in China and Hong Kong.
SEC
Aug. 25, 2022
China Securities Regulatory Commission, Ministry of Finance, and US regulatory agencies signed an agreement on audit regulation cooperation.
CSRC
May 23, 2022
ICSA Annual Shareholders Meeting YJ Fischer Speech: If the Accelerated Accountability Act is passed, issuers who are identified on the "Identified List" for two consecutive years will face the risk of delisting as early as early 2023, and PCAOB is estimated to complete the relevant inspections by November 2022.
SEC
May 3, 2022
The US Securities and Exchange Commission (SEC) website announced that the number of companies listed as "Identified Companies" under the Foreign Company Accountability Act has increased to 128.
SEC
April 1, 2022
CSRC solicits public comments on the revised regulations on strengthening confidentiality and file management related to securities issuance and listing overseas
CSRC
April 1, 2022
Four departments revise overseas listing confidentiality rules and cross-border regulatory cooperation gains institutional guarantee
Caixin
March 30, 2022
The China Securities Regulatory Commission (CSRC) has commented on the recent concerns expressed by the Chairman of the US Securities and Exchange Commission (SEC) regarding regulatory cooperation on auditing between China and the US. Both sides are willing to resolve differences and issues through communication, which will continue.
CSRC
March 29, 2022
The US Securities and Exchange Commission (SEC) website has announced that an additional six companies have been added to the "identified list"
SEC
March 25, 2022
Editorial | Seeking the optimal solution to the predicament of Chinese concept stocks
Caixin
March 15, 2022
State Council: Chinese and the U.S. regulatory agencies have made positive progress on Chinese concept stocks, and the Chinese government continues to support various types of enterprises in listing overseas.
State Council
March 15, 2022
The China Securities Regulatory Commission (CSRC) firmly implements the spirit of the special meeting of the Financial Stability and Development Committee of the State Council and makes every effort to maintain the stable operation of the capital market.
CSRC
March 10. 2022
CSRC replied the journalists questions related to that SEC identified five US-listed Chinese companies as "covered issuers" at risk of delisting under the Holding Foreign Companies Accountable Act (HFCAA).
CSRC
March 8, 2022
SEC Proposes Rules on Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure by Public Companies
SEC
March 7, 2022
The US Securities and Exchange Commission (SEC) website has published a list containing 5 Chinese concept stocks companies.
SEC
Dec. 27, 2021
Cybersecurity Review Measures
Cyberspace Administration of China (CAC) and etc.
Dec. 26, 2021
Special Management Measures for the Access of Foreign Investment (Negative List) (2021 version)
National Development and Reform Commission, Ministry of Commerce
Dec. 23, 2021
China Securities Regulatory Commission officials answer questions from reporters on the "Regulations on the Issuance and Listing of Securities by Domestic Enterprises Overseas (Draft for Solicitation of Comments)" and the "Regulations on the Issuance and Listing of Securities by Domestic Enterprises Overseas.
CSRC
Dec. 19, 2021
Sample Letter to China-Based Companies
SEC
Dec. 16, 2021
Chinese Securities Regulatory Commission officials responsible for relevant departments answered questions from reporters regarding the relevant moves of US regulatory agencies.
CSRC
December 16, 202
PCAOB Makes HFCAA Determinations Regarding Mainland China and Hong Kong
PCAOB根据外国问责法HFCAA发布对中国大陆和香港无法全面检查的会计师事务所清单
PCAOB
December 2, 2021
Holding Foreign Companies Accountable Act Disclosure- Finalrules
《外国公司问责披露法》——最终规则
SEC
November 5, 2021
SEC Approves PCAOB Rule to Establish A Framework forDeterminations Under the Holding Foreign Companies Accountable Act
SEC批准PCAOB规则,根据《外国公司问责法》确定框架
SEC
September 23, 2021
PCAOB Adopts a new rule, PCAOB Rule 6100, Board Determinations Under the Holding Foreign Companies Accountable Act
PCAOB通过了在外国公司责任法案下的新规则,PCAOB规则6100
PCAOB
August 6, 2021
Statement on the Commission’s Approval of Nasdaq’s Proposal for Disclosure about Board Diversity and Proposal for Board Recruiting Service
关于SEC批准纳斯达克关于披露董事会多样性和董事会招聘服务提案的声明
NASDAQ
SEC
April 12, 2021
Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)
关于特殊目的收购公司(“SPAC”)发行的认股权证的会计和报告考虑事项的声明
SEC
March 13, 2021
Financial Reporting and Auditing Considerations of Companies Merging with SPACs
与SPAC合并的公司的财务报告和审计考虑
SEC
December 23, 2020
Staff Statement Regarding Nasdaq Rule Proposal
关于纳斯达克规则提案的声明
SEC
NYSE
December 3, 2020
Good Faith Determinations of Fair Value of the investments of a registered investment company
注册投资公司或业务发展公司(“基金”)投资公允价值的确定
SEC
November 19, 2020
Regulation S-K-Management's Discussion and Analysis, Selected Financial Data, and Supplementary Financial Information
S-K条例管理层讨论和分析、选定的财务数据和补充财务信息
SEC
August 6, 2020
President’s Working Group on Financial Markets Releases Report and Recommendations on Protecting Investors from Significant Risks from Chinese Companies
总统金融市场工作组发布了关于保护投资者免受中国公司重大风险的报告和建议
US Department of the Treasury
July 9, 2020
Statement at the SEC’s Emerging Markets Roundtable
在SEC新兴市场圆桌会议上的声明
SEC
May 18, 2020
Nasdaq Proposes to Adopt Additional Initial Listing Requirements for Restrictive Markets Companies
纳斯达克提议对限制性市场公司采取额外的初始上市要求
NASDAQ
April 21, 2020
Emerging Market Investments Entail Significant Disclosure Financial Reporting and Other Risks; Remedies are Limited
新兴市场投资涉及重大披露、财务报告和其他风险;补救措施有限
SEC
March 12, 2020
Amendments to the Accelerated Filer and Large Accelerated Filer Definitions
对加速申报人和大型加速申报人定义的修订
SEC
February 19, 2020
Statement on Continued Dialogue with Audit Firm Representatives on Audit Quality in China and Other Emerging Markets Coronavirus — Reporting Considerations and Potential Relief
关于继续与审计事务所代表就中国和其他新兴市场的审计质量进行对话的声明新冠病毒-报告注意事项和潜在缓解措施
SEC
January 14, 2020
SEC Chairman Clayton, PCAOB Chairman Duhnke, and Members of SEC Staff Meet With Auditing Firm Representatives to Discuss Audit Quality in Emerging Economies and Markets
SEC主席克莱顿、PCAOB主席杜恩克以及SEC工作人员与审计公司代表会面讨论新兴经济体和市场的审计质量
SEC
September 10, 2018
Audit Reports Issued by PCAOB-Registered Firms Located Where Authorities Deny Access to Conduct Inspections
PCAOB 官网公布存在审计师检查障碍的公司清单
PCAOB