DARK SECRETS: China securities regulatory commission - The Real Truth

U.S. regulatory officials arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, Reuters reported, citing sources. The stand-off, if not resolved, could see Chinese firms kicked off New York bourses. This week the SEC added over 80 firms to the list of companies…

According to a Bloomberg report, U.S. regulators could reportedly have full access to auditing reports from most of the 200-plus China-based companies listed in New York in mid-2022. In the drafting stage, the framework from the China Securities Regulatory Commission and other national agencies would let most Chinese firms keep their U.S.…

China's securities watchdog denied rumors of a regulatory probe on companies in Xiaomi Corp's (OTC:XIACY) industrial chain or restrictions on their listing plans, Reuters reports. The China Securities Regulatory Commission looked to continue to inspect initial public offering plans according to relevant rules and regulations. Also Read: Here's How Alibaba's Buyback Boost Could Win…

Canadian Solar Inc (NASDAQ:CSIQ) reported fourth-quarter FY21 revenue growth of 47% year-on-year to $1.53 billion, missing the consensus of $1.59 billion. Higher solar shipment volumes and ASP and a significant increase in the battery storage solutions business drove the growth. Solar module shipments of 3.83 GW, up 28% Y/Y, were in line with…