EXCLUSIVE Chinese regulators ask some U.S.-listed firms to prepare for audit disclosures – sources

Chinese and U.S. flags flutter near The Bund in Shanghai
Logo of Alibaba Group is seen at its office building in Beijing, China

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song

HONG KONG/BEIJING, March 23 (Reuters) – Chinese regulators have asked some of the country’s U.S.-listed firms, including Alibaba, Baidu and JD.com, to prepare for more audit disclosures, sources said, as Beijing steps up efforts to ensure domestic companies remain listed in New York.

Reporting by Yingzhi Yang, Julie Zhu, Xie Yu and Kevin Huang; Editng by Sumeet Chatterjee and Jacqueline Wong

Source: Reuters.

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