More than 120 Chinese listed companies apply for regulatory approval to delay publishing their annual reports - ShareIsValue
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Friday, May 1, 2020

More than 120 Chinese listed companies apply for regulatory approval to delay publishing their annual reports

The number of mainland China-listed firms to delay filing annual reports past the regulatory deadline of April 30 has surged to 129, from four the year before, an indicator of the level of disruption that will linger after coronavirus lockdowns end.The first three months of the year are a busy time for firms with year-end accounts which have to be filed by April-end, a regulatory redline beyond which companies risk fines and stock suspensions.But a widespread lockdown for all of February…

from South China Morning Post https://bit.ly/3bUzqC6

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