China Securities Regulator Sends New Proposal on U.S. Audits
The Shanghai Stock Exchange.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
China’s securities regulator said it has sent U.S. authorities a fresh proposal about co-auditing Chinese firms, days after Washington moved to tighten rules for stock listings from the Asian nation.
The new plan, sent Aug. 4, takes into account latest U.S. demands, the China Securities Regulatory Commission said in a statement on Saturday, without elaborating.