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Consulting

Alibaba seeks advice on possible Yahoo acquisition

18 February 2008
Chinese internet firm Alibaba Group, which is 39% owned by Yahoo, has hired advisers to help it negotiate for expanded management independence should Yahoo be acquired by Microsoft, the Wall Street Journal reported.  more...

New accounting standard to be adopted

13 July 2007
China's central-level state-owned enterprises (SOEs) and large to mid-scale companies will all adopt China's new accounting standards that comply with the International Financial Reporting Standards (IFRS) by the end of 2009, CBN reported (in Chinese). Speaking at an international accounting conference in Beijing this week, Liu Yuting, director of the accounting department of the Ministry of Finance (MOF), said central-level SOEs would comply with the new regulations by 2008, and all large and medium-sized companies would follow suit a year later.  more...

Fund JVs consider risks

29 May 2007
JPMorgan's firing of senior portfolio manager Tang Jiang amid allegations of illegal trading practices has prompted foreign fund managers to reassess investment strategies in China, according to a story in the Financial Times.  more...