The statement came after Alibaba was added to the SEC's list of Chinese companies at risk of being delisted for not meeting auditing requirements on Friday.
law, the SEC identifies public companies that have retained a registered public accounting firm to issue an audit report where the firm has a branch or office.Bernstein upgrades Alibaba, says shares can rally more than 20% from here
On Monday, Alibaba said it was added to the SEC's list, indicating its audits for the fiscal year ended March 31, 2022 could not be fully reviewed by the U.S. Public Company Accounting Oversight Board. Under the HFCAA, if the PCAOB cannot fully inspect audits of a U.S.- listed company's financial statements for three consecutive "non-inspection" years, the SEC is required to bar the company's securities from being traded on U.S. markets.The tech giant's shares are already traded on both U.S. and Hong Kong exchanges, but the current listing in Hong Kong is a secondary one.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Alibaba shares keep sliding in Hong Kong following delisting threat from SECHong Kong-listed shares of Alibaba Group Holdings Ltd. continued to sink overnight, after U.S. regulators last week added the e-commerce giant to a list of...
続きを読む »
Top SEC Heisman Trophy candidates for 2022Who do you think should be a Heisman candidate this season? 🏈
続きを読む »
Alibaba shares keep sliding in Hong Kong following delisting threat from SECHong Kong-listed shares of Alibaba Group Holdings Ltd. continued to sink overnight, after U.S. regulators last week added the e-commerce giant to a list of...
続きを読む »
Singapore’s Art Market Is Capitalizing on the Hong Kong ExodusAs Hong Kong's market dominance in Asia wanes, Singapore is one city that could be the next art capital in the region. Read more from our friends at artnews.
続きを読む »
30th annual Hong Kong Dragon Boat Festival kicks off in QueensThe Queens event is the oldest and longest running dragon boat festival in the country.
続きを読む »