In the news: Audit fight thaws, Ping An buys Lloyd's of London building and drug pricing is investigated

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clpstaff &clp articles

The CSRC has said it will release auditing papers to its counterparts in the US. Ping An insurance has purchased a London building for $388 million and the NDRC has launched another investigation, this time into drug pricing

Beijing concedes as audit documents handed over

The China Securities Regulatory Commission (CSRC) will hand over the audit documents of a US-listed Chinese company to the Securities and Exchange Commission (SEC) and the Public Company Account Oversight Board (PCAOB). A media representative for the CSRC confirmed reports of the handover on Tuesday. The company or the documents involved remains unknown.

Sources: WSJ and Reuters

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