Fitch predicts more accusations against Chinese companies

Comments (0) | 19 Jul 2011 | Rating | Print by Tim Human

Ratings agency releases report highlighting areas that would raise accounting and governance concerns for investors

Claims of accounting irregularities at Chinese companies are set to continue and could affect even diligent companies’ access to funding, according to a report from ratings agency Fitch.

Released yesterday, the report reviews the roughly 40 issuers in Fitch’s Chinese portfolio, the majority of which are listed in Hong ...

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