The China Securities Regulatory Commission has made an administrative penalty decision against Deloitte Touche Tohmatsu.

20:58 27/06/2025

The China Securities Regulatory Commission has made an administrative penalty decision against Daxin Certified Public Accountants.

The China Securities Regulatory Commission (CSRC) website published two administrative penalty decisions. It was found that Da Xin Accounting Firm (Special General Partnership) (hereinafter referred to as Da Xin Firm) issued false audit reports for Jiangxi Firstar Panel Technology (300256.SZ) in 2019 and 2020; it did not diligently fulfill its responsibilities in auditing the financial statements of Jiangxi Firstar Panel Technology for the year 2019 and 2020. The CSRC has decided to order Da Xin Firm to make corrections, confiscate business income of 3,396,226.34 yuan, and impose a fine of 9,500,000 yuan; Guo Anjing is warned and fined 600,000 yuan; Chen Wei and Zhu Ceming are warned and fined 500,000 yuan each. It was found that Da Xin Firm provided annual audit services for Guanghui Logistics (600603.SH) and issued a false audit report for the year 2022; it did not diligently fulfill its responsibilities in auditing the financial statements of Guanghui Logistics for the year 2022. The CSRC has decided to order Da Xin Firm to make corrections, confiscate audit business income of 1,698,113.21 yuan, and impose a fine of 3,396,226.42 yuan; Guo Chunliang and Zhu Hongying are warned and fined 400,000 yuan each.

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The People's Bank of China has increased its gold holdings for the 15th consecutive month.

100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.