Chinese companies offset US delisting risk with auditor swit

Chinese companies offset US delisting risk with auditor switch

More than a dozen US-listed Chinese companies have switched from auditors in their home country to ones in the US and Singapore since 2022, reducing the risk they could be thrown off American exchanges, reports the Financial Times. Under a 2020 law called the Holding Foreign Companies Accountable Act (HFCAA), Chinese companies can be delisted…

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Hong Kong , Beijing , China , United States , Singapore , Chinese , American , Pwc Hong Kong , Holding Foreign Companies Accountable Act , Public Company Accounting Oversight Board , Pwc Hong ,

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