20 April 2026Policy & Regulation
Hong Kong tightens auditor switching rules
Hong Kong's exchange is cracking down on companies that shop around for more lenient auditors by requiring detailed explanations for auditor changes and extended review periods. The new rules target the practice of switching auditors to avoid qualified opinions or regulatory scrutiny, particularly common among mainland Chinese companies listed in Hong Kong. Companies will face automatic delisting reviews if they change auditors twice in three years without compelling business reasons.
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