A file photo of the China Securities Regulatory Commission offices in Beijing. The CSRC has had talks with the PCAOB at least since 2012 to bridge a gap on audit oversight. Photo: Getty Images
Chinese regulator welcomes positive PCAOB report, vows ‘audit oversight cooperation with our US counterparts in years to come’
- Exercise underscores the importance of Hong Kong, where PCAOB spent about seven weeks going through documents and interviewing accountants
- The market reaction was subdued on Friday, as investors had largely expected the outcome
A file photo of the China Securities Regulatory Commission offices in Beijing. The CSRC has had talks with the PCAOB at least since 2012 to bridge a gap on audit oversight. Photo: Getty Images
