Exclusive US regulators to scrutinize Alibaba and JD.com sources and audit other Chinese companies


Source: nasdaqnewsupdates.com nasdaqnewsupdates.com

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Register now to get free unlimited access to Reuters.com - Alibaba, JD.com and Yum China Notified of US Audit Examination – Sources - US-listed Chinese companies will begin checking accounts next month - Follows the historic US-China audit deal - US-listed Alibaba shares closed down about 3% on Tuesday HONG KONG (Reuters) – US regulators have picked major e-commerce companies Alibaba Group Holding Ltd. (9988.HK) and JD.com (9618.HK) Among other Chinese companies listed in the United States for an audit examination that will begin next month, people familiar with the matter said. The choice follows a landmark audit agreement between...