Delisting Risk For U.S.-listed Chinese Stocks Nearly Halves After Regulators Reach Audit Agreement, Goldman Says WorldNewsEra


Source: worldnewsera.com worldnewsera.com

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The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday both sides signed an agreement for cooperation on inspecting the audit work papers of U.S.- listed Chinese companies. Pictured here is the CSRC building in Beijing in 2020.Emmanuel Wong | Getty Images News | Getty ImagesBEIJING — The risk of Chinese stocks delisting from U.S. exchanges has nearly halved after regulators reached an audit agreement, Goldman Sachs analysts said in a report Monday.The China Securities Regulatory Commission and U.S. Public Company Accounting Oversight Board announced Friday that both sides signed an agreement for cooperation on inspecting...