Press "Enter" to skip to content

China halts IPO reviews of nearly 30 firms that hire scandal-ridden Ruihua

China's securities regulator has halted reviews of IPO applications for 29 companies that hired Ruihua Certified Public Accountants, according to a statement released by the China Securities Regulatory Commission (CSRC) on Friday.

Ruihua, which has been auditor of scandal-ridden Kangde Xin Composite Material Group Co. Limited since 2012 , is currently under investigation by the securities regulator for its role in Kangde Xin's information disclosure breaches after an . . .

To continue reading, please subscribe.

FREE TRIAL

We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. 

What you'll get:

  • Original and in-depth reporting on China's economy and financial markets
  • Details, data and perspectives you don't read elsewhere
  • Daily Brief newsletters to get you prepared for every trading day
  • Weekly updates on China's financial markets - stocks, bonds, the yuan and commodities
  • Interviews and discussions on topics you should never miss!

 

Already have an account? Sign In

Top