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Yesterday's SEC suit against the Chinese units of the Big Four accounting firms could mark the...

Yesterday's SEC suit against the Chinese units of the Big Four accounting firms could mark the beginning of the end for U.S.-listed China shares, even giants like Sina (SINA) and Baidu (BIDU). The accounting firms face a Catch-22: The U.S. requires them to share information from their audits in foreign countries, while China bars them from doing so.
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Comments (4)
  • det9
    , contributor
    Comments (49) | Send Message
     
    Maybe a good time to add I believe
    4 Dec 2012, 10:47 AM Reply Like
  • jazzfan1
    , contributor
    Comments (96) | Send Message
     
    maybe that's the real reason behind the strong decline of all these stocks in the last months: insider information...(?) - OK, a little too much conspiracy theory...
    4 Dec 2012, 11:51 AM Reply Like
  • Frank Chen
    , contributor
    Comments (6) | Send Message
     
    US loss of listings is Hong Kong's gain.
    4 Dec 2012, 02:13 PM Reply Like
  • Zsmith1756
    , contributor
    Comments (30) | Send Message
     
    What is the procedure for removing listings as it relates to individual shareholders? Frozen price?
    4 Dec 2012, 02:26 PM Reply Like
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