News Headline Summary

SEC seeks big 4 audit papers from China according to a source

The Chinese arms of all of the Big Four audit firms have been asked by U.S. regulators to turn over documents related to audits of China-based companies listed in the United States, a person familiar with the matter said

- In recent trade, US & China listed stock SINA corp has weakened, although bounced off recent lows. Desks attributed recent weakness in their share price to this news piece

Full article: http://www.reuters.com/article/2012/06/20/us-accounting-china-sec-idUSBRE85I1RQ20120620

Print 18:53, 20 Jun 2012 - Global Equities - Source: Newswires