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CSC Financial Co., Ltd. (601066.SS)

Shanghai - Shanghai Delayed Price. Currency in CNY
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23.77-0.24 (-1.00%)
As of 11:29AM CST. Market open.
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  • Bloomberg

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  • Reuters

    China securities regulator says will implement Sino-U.S. audit deal

    BEIJING/SHANGHAI (Reuters) -China will implement an audit agreement with the United States announced last week and will strengthen communication with foreign investors, a senior Chinese securities regulatory official said on Friday. Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC), also told a forum that China would expand mutual access between mainland and Hong Kong, and would support the city's role as a global listing venue. The agreement between China and the United States, announced on Friday last week, will allow U.S. regulators to vet accounting firms in mainland China and Hong Kong, potentially ending a long-running dispute that threatened to banish more than 200 Chinese companies from U.S. exchanges.

  • Reuters

    China regulator denies report on data strategy to avoid U.S. delistings

    HONG KONG (Reuters) -China's securities regulator on Monday denied a media report that said Beijing planned to sort U.S.-listed Chinese companies based on the sensitivity of the data they hold in an attempt to stop U.S. regulators from delisting hundreds of firms. The three-tier system aims to bring Chinese companies into compliance with U.S. rules that would require public companies to let regulators inspect their audit files, the Financial Times reported on Sunday, citing people with knowledge of the matter. The China Securities Regulatory Commission (CSRC) "has not studied" a three-tier classification of companies, it said in a statement.