A U.S. credit ratings company says allegations of accounting irregularities
at Chinese companies traded in the United States are likely to continue. Fitch
Ratings analyzed 35 U.S.-listed Chinese companies and said in a report Monday
that they have an above average risk of facing fraud allegations.
Fitch reviewed the companies after a series of allegations of corporate
fraud at other Chinese companies sparked a sell-off in China-related
equities.
The review said that negative investor sentiment many continue in the short
term as investors identify weak accounting or corporate governance standards at
Chinese companies. Fitch's study follows a report from Moody's Investors Service
last week which raised similar concerns about Chinese companies.
发表于 2016-7-10 17:38:57