S chips – Any audit issues on the following companies?
By Ernest Lim's investing blog  •  March 25, 2011
I believe most readers are increasingly worried on the recent spate of audit issues encompassing the S chips such as China Gaoxian, Hong wei, Hongxing etc. I have contacted some of the S chips companies' management / Investor Relations regarding whether the auditors have signed off the financials.

Below are my findings.

Anchun - Likely to be signed in the couple of weeks. No major issues flagged out by auditors.


China Animal - Auditors have already signed off. Audited annual report already uploaded onto SGX Masnet.

China Taisan - According to CIMB research report, they mentioned that the auditors have already signed off the statements.

Eratat Lifestyle - Likely to be signed in the next 2-3 wks. No major issues flagged out by auditors.

Fuxing - Likely to be signed in the next few weeks. No major issues flagged out by auditors.

Hu An - Auditors have already signed off. Audited annual report already uploaded onto SGX ...
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By Ernest Lim's investing blog
I am an avid investor, trader cum remisier. I am a Chartered Financial Analyst® charterholder, as well as, a Chartered Accountant of Singapore. I have published articles on a wide range of topics on finance and investment, ranging from market / sector outlook, technical analysis and fundamental analysis etc.
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