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U.S. regulators to vet Alibaba, other Chinese firms' audits -sources | Inquirer Business

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The logo Alibaba Group for is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City, U.S. REUTERS/Andrew Kelly/File photo HONG KONG – U.S . regulators have selected e-commerce giant Alibaba Group Holding Ltd and other U.S .-listed Chinese companies for audit inspections starting next month, three sources familiar with the matter said. The move follows Friday’s landmark audit deal between Beijing and Washington allowing U.S . regulators to vet accounting firms in mainland China and Hong Kong, potentially ending a long-running dispute that threatened to boot more than 200 Chinese companies from U.S…

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