Big story for China investors was the SEC investigation of New Oriental, which has something to do with the education company's VIE structure. Lots of speculation on this. I weighed in with this post: "SEC Investigates New Oriental VIE Structure. Let the Chatter Begin." Also be sure to check out the China Accounting Blog post […]
2012-07-18
China is building up its overall health care capabilities, but with the income gap and the opening up of the sector to private investment, we're seeing an acceleration of a multi-tiered system that in some ways reminds me of the U.S. You have money, you get great care. If not, you take your chances. This […]
2012-07-18
The latest VIE "bombshell" comes from the U.S. regulatory authorities, but it's too early to draw any conclusions.
2012-07-18
The latest VIE "bombshell" comes from the U.S. regulatory authorities, but it's too early to draw any conclusions.
2012-07-18
Customs officers have seized 74,200 illicit cigarettes worth about $740,000 and arrested three men, aged 24 to 30. The officers raided three cross-boundary private cars at Tin Shui Wai and Lok Ma Chau Control Point yesterday where they found the cigar…
2012-07-18
The Hong Kong Police Mobile Application was launched today, to strengthen public engagement. It is the force’s first step in adopting social media for communicating with the public. It features the force vision, common purpose and values, its commu…
2012-07-18
Ryan Wong has been appointed Deputy Commissioner and Head of Operations of the Independent Commission Against Corruption for a three-year term. Commissioner Simon Peh today announced Mr Wong will succeed Daniel Li, who will proceed on pre-retirement l…