Chinese Stocks Continue Lower on SEC Scrutiny of Accounting
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New Oriental Education (EDU) Off Lows as Analyst Clarifies Comments
December 4, 2012 11:04 AM ESTNew Oriental Education & Technology Group (NYSE: EDU) moves off the lows of the session after analysts at Wells Fargo clarify their early comment about the stock in light of the SEC charges against Chinese subsidiary of the big four accounting firms:
Wells... More
Analyst Warns on New Oriental (EDU) and Ambow Education (AMBO) after SEC Moves on China Big 4 Accounting Firms
December 4, 2012 10:23 AM ESTAnalysts at Wells Fargo said the SEC charges against the Chinese subsidiaries of the big four accounting firms "places the valuation of U.S. listed companies such as New Oriental (NYSE: EDU) and Ambow Education (NYSE: AMBO) in... More
Chinese Stocks On Watch after SEC Charges Affiliates of Big Four Accounting Firms
December 3, 2012 12:26 PM ESTChina stocks are in focus after the SEC began administrative proceedings against the China affiliates of each of the Big Four accounting firms and another large U.S. accounting firm for refusing to produce audit work papers and other documents related to China-based companies under investigation by the SEC for... More
