As of Aug. 31, Chinese shares listed on domestic stock exchanges have disclosed their interim operating results, with over half of them reporting a huge loss in profits. There are 4,888 Chinese companies listed on China’s domestic stock exchanges in Shenzhen, Shanghai, and Beijing; 4,887 companies have published their performance results for the first half…
Chinese Domestic Stocks Disclose Interim Results, Half Record Significant Drop in Profit
UK Audit Watchdog Says Firms Offer Too Little Detail to Assess Viability
LONDON—A review of how Britain’s listed companies spell out their chances of surviving found assessments had too little detail to properly inform investors, the auditing watchdog said on Wednesday. “Clear and comprehensive disclosures on these matters are particularly important given the backdrop of the COVID-19 pandemic which caused greater uncertainty for some companies,” the Financial…
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