US starts new round of audit inspections on China firms- source

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US starts new round of audit inspections on China firms- source
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US renews audit inspection of China firms - Bloomberg News

:U.S. inspectors have started a fresh round of routine checks on Wall Street-listed Chinese companies' audits in Hong Kong in recent weeks, a source familiar with the matter said on Friday.

The source told Reuters the latest visit would continue field work from a previous trip by PCAOB officials in March, which Reuters reported earlier. The source requested anonymity as they were not authorised to speak to media. The PCAOB previously said it would demand complete access in mainland China and Hong Kong in their regular inspections from 2023.

The PCAOB, Tencent Music Entertainment Group, Didi Global, and NetEase did not immediately respond to Reuters' requests for comment.

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