The Public Company Accounting Oversight Board recently issued an advisory for investors. The advisory warned investors about the reliability of PoR reports carried out by third parties for crypto ent...
Tag: PCAOB
PCAOB Receives Pressure to Act as Crypto Firms’ Audit Supervisor
Public Company Accounting Oversight Board (PCAOB) faces pressure to act as cryptocurrency firms’ audit supervisor. This is due to the fact that the majority of cryptocurrencies in the US are unregulat...
Sens. Warren and Wyden criticize PCAOB over its handling of crypto audits
Democratic Sens. Elizabeth Warren of Massachusetts and Ron Wyden of Oregon are raising concerns over a government audit-overseer’s credibility following the fallout from failed cryptocurrency ex...
Bank Of Japan Bazookas Risk Assets
China Last Night KraneShares Key News Asian equities were poised for a weak day following Monday’s US stock market drop. The weak start went from bad to worse mid-morning as the end of the Bank ...
Hong Kong Internet Stocks Ride Policy Tailwind As Covid-19 Weighs On Mainland Sentiment
China Last Night KraneShares Key News Asian equities had a rough Monday, less so India and Singapore as Lionel Messi turned the world into soccer fans (at least temporarily!) with Argentina’s thrillin...
China ADRs To Climb The Great Wall Of Worry As PCAOB Resets HFCAA Clock, Week In Review
China Last Night KraneShares Week in Review Asian equity markets had a mixed performance week as the PCAOB announced breaking news, Pfizer’s COVID treatment was approved, and The Central Economi...
PCAOB Announcement – Complete Access To Inspect And Investigate Chinese Firms
China Last Night KraneShares Key News In big breaking news, the PCAOB announced that it has secured complete access to inspect and investigate Chinese firms for the first time in history. This could b...
Ant Group Fine Is Fine, PCAOB Increases Budget
China Last Night KraneShares Key News Asian equities were mixed but mostly higher overnight as Hong Kong underperformed. US Defense Secretary Lloyd Austin met with his Chinese counterpart Wei Fenghe i...
PBOC Talks Down Renminbi As Hong Kong Shorts Press Their Bets
China Last Night KraneShares Key News Asian equities were mixed, as Japan, Taiwan, and South Korea closed on a positive note while the remainder of the region was off. China and Hong Kong opened highe...
Growth Stocks Lead Asia Lower
China Last Night KraneShares Key News Asian equity markets were down with an emphasis on growth stocks in contradiction with Treasury Secretary Yellen’s comments that markets are functioning wel...
PCAOB Begins Audit Reviews
China Last Night KraneShares Key News Asian equity markets closed lower to start the week in anticipation of the US Federal Reserve hiking interest rates another 75 basis points. However, India manage...
PCAOB Arrives In Hong Kong, EU Regulation Sends Solar Stocks Lower
China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as uncertainty surrounding US interest rates continues to pervade global markets. Today was a reversal of yes...
Alibaba Prepares For PCAOB Audit Review, MSCI Rebalance Day Leads To High Volumes
China Last Night KraneShares Yesterday, U.S. China ADRs fell partly due to a Reuters article stating that Alibaba and JD.com will have PCAOB audit reviews. The “news,” which should be expe...
PCAOB Officials Arrive In Beijing, Week In Review
China Last Night KraneShares Week in Review The arrest of a man named Ma in Hangzhou sent Alibaba lower on Tuesday, though the man arrested was not Jack Ma. This is an unfortunate example of investors...
Game On As Approvals Lead Internet Names Higher
China Last Night KraneShares Key News Asian equities were a sea of red, excluding China and Hong Kong, as growth sectors/stocks rebounded/outperformed relative to value sectors/stocks. Both China and ...
Chairman Yi Huiman’s Weekend Speech Promising, Other Headlines Contribute To Weekend Weakness
China Last Night KraneShares Key News Asian equities had a poor start to the week following an eventful news weekend. Covid risk continues to weigh on China markets as a lockdown in Guangzhou was anno...
Fed Fears Weigh On Foreign Sentiment Though Not Chinese Sentiment
China Last Night KraneShares Key News Thailand chose the right day to be on a market holiday as Asian equities took a one-two punch from Fed Gov Brainerd’s statement that US interest rates will rise i...
Trip.com Beats Expectations Following Tencent’s Tumble
China Last Night KraneShares Key News Asian equities were mixed overnight after a choppy US equity session yesterday in advance of NATO talks on Ukraine. The US reinstated tariff exemptions on 352 Chi...
Alibaba Buys Back Big, Reuters Reports US-Listed Companies Preparing For PCAOB Review
China Last Night KraneShares Key News Asian equities were largely higher despite the US’ Fed Chair driven downdraft led by Hong Kong, Japan and India. Alibaba (BABA US, 9988 HK) announced it would inc...