<p>[香港] 现在在香港上市的公司必须获得股东批准才能更换审计师，这是加强公司治理和透明度的监管措施的一部分，涉及价值 7.5 万亿美元的市场。</p>
<p>在周五（4 月 17 日）晚间发布的更新指导中，香港交易所及结算所要求公司仅在股东大会上任命或解除审计师。交易所还要求公司披露具体的审计费用或范围，以防止费用争议被用作解雇的借口。</p>
<p>这一举措有效地堵住了一个漏洞，之前董事会可以在没有股东监督的情况下施压审计师辞职。根据新规则，任何导致审计师辞职的公司行为将被视为主动解除，需进行正式投票。</p>
<p>这一收紧措施正值监管机构打击意见购物的时刻，意见购物是指公司在年末截止日期前施压审计师辞职，以便通过临时空缺任命更顺从的替代者。</p>
<p>证券及期货事务监察委员会（SFC）表示，晚期辞职是公司治理和内部控制失败的重要警示信号。在最近的一次审查中，SFC 发现 89 家公司在年度业绩截止日期前四个月内辞职，其中 66 家因费用争议辞职。</p>
<p>尽管金融欺诈在香港仍然相对少见，但该市正在加强对公司质量的审查，以吸引投资者回归，尤其是在经历了多年的上市低迷之后。</p>
<p>另见</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/8ffd6faa28d5739603b4830654b43b5bfff637a30a01a2521d6f5533a58432e1/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/8ffd6faa28d5739603b4830654b43b5bfff637a30a01a2521d6f5533a58432e1/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>香港监管审查将股权销售热潮置于风险之中</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5dd8b5a6fda437963e10c573cc3e38a3f39688dae00c6ebd07f28a2d86973192/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5dd8b5a6fda437963e10c573cc3e38a3f39688dae00c6ebd07f28a2d86973192/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>香港交易所创下创纪录利润，股权成交量翻倍，上市回暖</h3>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/3c9180d3dcc499591f277ff5c9dc8659fa085041438cdccf175615803ce792b3/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/3c9180d3dcc499591f277ff5c9dc8659fa085041438cdccf175615803ce792b3/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>香港要求投资银行确保 IPO 申请保持标准</h3>
<h3>在新的全球秩序中导航亚洲</h3>
<p>获取洞察信息，送达您的邮箱。</p>
<p>在中国恒大集团倒闭后，监管气候发生了显著变化。其创始人许家印上周承认贿赂、挪用公款和欺诈罪。北京指控该开发商虚增收入超过 5600 亿元人民币（约合 1050 亿新元）。其审计师普华永道随后在中国被罚款并暂停六个月。</p>
<p>及时披露的风险依然很高。根据当地上市规则，未能发布经过审计的财务报表将导致自动停牌。</p>
<p>今年，有 39 家公司在错过 3 月底的截止日期后暂停交易。尽管仍然是监管机构关注的焦点，但这标志着自 2023 年以来暂停交易的最低水平，当时疫情期间的旅行限制造成审计现场工作的巨大积压。BLOOMBERG</p>
<p>解码亚洲通讯：您在新的全球秩序中导航亚洲的指南。点击此处注册以获取解码亚洲通讯，送达您的邮箱，免费。</p>

恒生指数

南方两倍看空恒指

盈富基金

南方两倍看多恒指

安硕恒生指数

南方恒指ETF

南方一倍看空恒指

<p>香港上市公司现在必须获得股东批准才能更换审计师，这是为了增强 7500 亿美元市场的公司治理和透明度的一项监管措施。新规则要求审计师的任命或解雇只能在股东大会上进行，并要求披露特定的审计费用，以防止争议。这一举措旨在填补允许董事会在没有股东监督的情况下施压审计师辞职的漏洞，解决对治理失效和意见购物行为的担忧</p>

<p>[HONG KONG] Hong Kong-listed companies must now obtain shareholder approval to change auditors, part of a regulatory push to bolster corporate governance and transparency in the US$7.5 trillion market.</p>
<div class="lb-trans"><p>[香港] 现在在香港上市的公司必须获得股东批准才能更换审计师，这是加强公司治理和透明度的监管措施的一部分，涉及价值 7.5 万亿美元的市场。</p>
</div><p>In updated guidance issued late Friday (Apr 17), Hong Kong Exchanges and Clearing mandated that firms appoint or remove auditors only at general meetings. The bourse also required companies to disclose specific audit fees or ranges to prevent fee disputes from being used as a pretext for dismissal.</p>
<div class="lb-trans"><p>在周五（4 月 17 日）晚间发布的更新指导中，香港交易所及结算所要求公司仅在股东大会上任命或解除审计师。交易所还要求公司披露具体的审计费用或范围，以防止费用争议被用作解雇的借口。</p>
</div><p>The move effectively closes a loophole that allowed boards to pressure auditors into resigning without immediate shareholder oversight. Under the new rules, any action by a company that triggers an auditor’s resignation will be treated as an active removal, necessitating a formal vote.</p>
<div class="lb-trans"><p>这一举措有效地堵住了一个漏洞，之前董事会可以在没有股东监督的情况下施压审计师辞职。根据新规则，任何导致审计师辞职的公司行为将被视为主动解除，需进行正式投票。</p>
</div><p>The tightening comes as regulators crack down on opinion shopping, a practice where companies pressure auditors to quit near year-end deadlines to appoint a more compliant replacement via a casual vacancy.</p>
<div class="lb-trans"><p>这一收紧措施正值监管机构打击意见购物的时刻，意见购物是指公司在年末截止日期前施压审计师辞职，以便通过临时空缺任命更顺从的替代者。</p>
</div><p>The Securities and Futures Commission (SFC) has said that late-stage resignations are significant red flags for governance and internal control failures. In a recent review, the SFC found that auditors at 89 companies resigned within four months of annual results deadlines, 66 of them citing fee disagreements.</p>
<div class="lb-trans"><p>证券及期货事务监察委员会（SFC）表示，晚期辞职是公司治理和内部控制失败的重要警示信号。在最近的一次审查中，SFC 发现 89 家公司在年度业绩截止日期前四个月内辞职，其中 66 家因费用争议辞职。</p>
</div><p>While financial fraud remains relatively rare in Hong Kong, the city is sharpening its scrutiny of corporate quality to lure investors back following a multi-year slump in listings.</p>
<div class="lb-trans"><p>尽管金融欺诈在香港仍然相对少见，但该市正在加强对公司质量的审查，以吸引投资者回归，尤其是在经历了多年的上市低迷之后。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另见</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/8ffd6faa28d5739603b4830654b43b5bfff637a30a01a2521d6f5533a58432e1/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/8ffd6faa28d5739603b4830654b43b5bfff637a30a01a2521d6f5533a58432e1?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Hong Kong regulatory scrutiny puts share sale boom at risk</h3>
<div class="lb-trans"><h3>香港监管审查将股权销售热潮置于风险之中</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/5dd8b5a6fda437963e10c573cc3e38a3f39688dae00c6ebd07f28a2d86973192/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/5dd8b5a6fda437963e10c573cc3e38a3f39688dae00c6ebd07f28a2d86973192?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Hong Kong exchange posts record profit as equity turnover doubles, listings rebound</h3>
<div class="lb-trans"><h3>香港交易所创下创纪录利润，股权成交量翻倍，上市回暖</h3>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/3c9180d3dcc499591f277ff5c9dc8659fa085041438cdccf175615803ce792b3/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/3c9180d3dcc499591f277ff5c9dc8659fa085041438cdccf175615803ce792b3?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Hong Kong asks investment banks to ensure IPO applications maintain standards</h3>
<div class="lb-trans"><h3>香港要求投资银行确保 IPO 申请保持标准</h3>
</div><h3>Navigate Asia in  a new global order</h3>
<div class="lb-trans"><h3>在新的全球秩序中导航亚洲</h3>
</div><p>Get the insights delivered to your inbox.</p>
<div class="lb-trans"><p>获取洞察信息，送达您的邮箱。</p>
</div><p>The regulatory climate has shifted significantly following the collapse of China Evergrande Group. Its founder, Hui Ka Yan, pleaded guilty last week to bribery, embezzlement, and fraud. Beijing accused the developer of inflating revenue by more than 560 billion yuan (S$105 billion). Its auditor, PricewaterhouseCoopers, was subsequently fined and suspended in China for six months.</p>
<div class="lb-trans"><p>在中国恒大集团倒闭后，监管气候发生了显著变化。其创始人许家印上周承认贿赂、挪用公款和欺诈罪。北京指控该开发商虚增收入超过 5600 亿元人民币（约合 1050 亿新元）。其审计师普华永道随后在中国被罚款并暂停六个月。</p>
</div><p>The stakes for timely disclosure remain high. Under local listing rules, a failure to publish audited financial statements results in an automatic trading suspension.</p>
<div class="lb-trans"><p>及时披露的风险依然很高。根据当地上市规则，未能发布经过审计的财务报表将导致自动停牌。</p>
</div><p>This year, 39 firms halted trading after missing the end-of-March deadline. While still a point of concern for regulators, it marks the lowest level of suspensions since 2023, when pandemic-era travel restrictions created a massive backlog in audit fieldwork. BLOOMBERG</p>
<div class="lb-trans"><p>今年，有 39 家公司在错过 3 月底的截止日期后暂停交易。尽管仍然是监管机构关注的焦点，但这标志着自 2023 年以来暂停交易的最低水平，当时疫情期间的旅行限制造成审计现场工作的巨大积压。BLOOMBERG</p>
</div><p>Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.</p>
<div class="lb-trans"><p>解码亚洲通讯：您在新的全球秩序中导航亚洲的指南。点击此处注册以获取解码亚洲通讯，送达您的邮箱，免费。</p>
</div>

香港交易所收紧规则以防止选择性更换审计师