Floor traders at the New York Stock Exchange on 4 March 2020. Photo: EPA-EFEFloor traders at the New York Stock Exchange on 4 March 2020. Photo: EPA-EFE
Floor traders at the New York Stock Exchange on 4 March 2020. Photo: EPA-EFE

Two more US-listed Chinese companies come under financial scrutiny, less than a week after Luckin Coffee’s accounting fraud

  • TAL Education Group said an employee may have inflated sales at one of its business segments worth hundreds of millions of dollars
  • Video streaming site iQiyi denied accusations of inflating revenue and user numbers by two activist short sellers

Topic |   Accounting and Auditing
Floor traders at the New York Stock Exchange on 4 March 2020. Photo: EPA-EFEFloor traders at the New York Stock Exchange on 4 March 2020. Photo: EPA-EFE
Floor traders at the New York Stock Exchange on 4 March 2020. Photo: EPA-EFE
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.