China Regulator ‘Aware’ of Concerns on Chinese Firms’ Accounting
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The China Securities Regulatory Commission said it’s “aware” of the concerns other regulators have over the financial accounts of some Chinese companies listed overseas and has been in touch with them.
“We have been in touch with other foreign regulators regularly as usual,” Yao Feng, deputy director general of the CSRC’s department of accounting, said today while attending a conference held by the Hong Kong Institute of Certified Public Accountants. “We are aware of the concerns.”