US regulators to start fresh round of audit inspections in HK next week

US regulators to start fresh round of audit inspections in HK next week

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 14, 2023. REUTERS/Brendan McDermid

Officials from the US audit watchdog will start a new round of inspections in Hong Kong on Chinese companies’ auditors as soon as next week, sources said, as part of a deal with Beijing to prevent delistings of the firms from the New York bourse.