Great NEWS!!China’s securities regulator signals willingness to work with US over audit inspections

2021-08-23

Great NEWS!!

8-21 China’s securities regulator signals willingness to work with US over audit inspections. China’s securities regulator has said it will “create conditions” to cooperate with the United States over how it supervises the auditing of Chinese companies.

The pledge by the China Securities Regulatory Commission, which came in a statement on Friday listing 10 priorities for the rest of the year, may be a sign it is willing to resolve a thorny issue that could see US$1.3 trillion worth of shares being delisted from US exchanges.

However, no details were provided on how audits would be made…

$XPeng Inc.(XPEV)$ $New Oriental Education & Technology(EDU)$

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