Thomas Chou, MoFo Partner and Co-Head of the Asia Private Equity Group, was quoted in a recent Asian Venture Capital Journal (AVCJ) article on the re-opening of U.S. IPO to Chinese companies.
According to Thomas, while global institutional appetite for Chinese public equities may be recovering, valuation challenges will remain as one of several hurdles to get these companies listed. Accounting firms must be able to continue to provide the PCAOB unfettered access to inspect Chinese companies’ books and records to keep this issue returning to the forefront of legal risk factors.
Read the full article.