The good news of China stocks: it is conducive to reducing the delisting risk of China stocks in the United States
Last Friday evening, it was reported that the China Securities Regulatory Commission, the Ministry of Finance and the US regulatory authorities had signed an audit and supervision cooperation agreement.
The China Securities Regulatory Commission said that the signing of the China US audit and supervision cooperation agreement marked a key step forward for the two sides to solve the audit and supervision problems of China stocks through strengthening cooperation, which was in line with the expectations and expectations of the market.
According to the analysis of $CICC(03908.HK$ , if substantial progress is finally made, it will help relieve the market pressure and the tail risk of delisting of some companies, and help protect the rights and interests of investors; In the medium and long term, it will help maintain the smooth cross-border financing channels of Chinese enterprises and promote the overseas financing of innovative enterprises.
However, on the basis of signing this cooperation agreement, the focus will be on how the regulatory authorities of the two countries can promote audit cooperation. In this process, we still need to pay attention to the consistency of the requirements of China and the United States.
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whqqq : I hope the final result is good news. Alibaba should go up.
SpineeOP whqqq: it is GOOD NEWS