Piacente Group Works Big Chinese IPO The Piacente Group handled the $2.4B IPO of Shanghai-based Hesai Technology, which is the largest public offering in the US of a Chinese company since 2021. Hesai makes laser-based sensors for automakers and autonomous driving companies. Bob McCooey, Asia-Pacific chair at NASDAQ, told the Financial...
Author: amber@thepiacentegroup.com
December 15, 2022
PCAOB Secures Complete Access to Inspect Chinese Firms
Hurrah! The U.S. Public Company Account Oversight Board (PCAOB) today announced that for the first time in history, PCAOB has successfully obtained complete access to inspect and investigate registered public accounting firms headquartered in mainland China and Hong Kong. This major milestone in U.S. and Chinese regulators’ mutual efforts to...
December 9, 2022
Piacente Partners with IR Magazine’s Forum & Awards for Greater China and Southeast Asia
For the second consecutive year, Piacente was proud to partner with IR Magazine as a sponsor of their Forum & Awards for both the Greater China and Southeast Asia regions, held virtually in December 2022. These events are among the IR industry’s most respected, featuring discussion panels, presentations and lively...
November 25, 2022
Tiger Brokers Hosts IR Webinar Featuring Piacente SVP Helen Wu
Piacente’s Senior Vice President, Helen Wu, was recently featured in Tiger Brokers’ webinar on effective investor relations practices and accurate disclosure in the current volatile market environment. Alongside Wang Zheng, counsel at Latham & Watkins, Helen shared her expert insights and Piacente’s impactful IR strategies with a presentation on critical...
November 4, 2022
PCAOB Completes First On-Site Audit Inspection
Bloomberg reported today that the U.S. Public Company Account Oversight Board (PCAOB) in Hong Kong has completed their first on-site audit inspection of Chinese stocks listed in the U.S. Per PCAOB’s announcement in August, the work was to begin in mid-September with determinations to be issued by year-end. Parties familiar...
A very positive step! On Friday, the Public Company Accounting Oversight Board (PCAOB) signed a Statement of Protocol with China’s Securities Regulatory Commission (CSRC) and Ministry of Finance governing inspections and investigations of audit firms based in Mainland China and Hong Kong. Thru put begins next month. For reference: From...