China Southern Airlines Plans Auditor Change After Decade With KPMG

China Southern Airlines Company Limited Class H ( (HK:1055) ) just unveiled an announcement.

China Southern Airlines has announced a planned change of auditors following a public tender process conducted under rules governing state-owned and listed companies’ appointment of accounting firms. After KPMG Huazhen LLP and KPMG serving as auditors for ten consecutive years, the board, acting on the recommendation of its Audit and Risk Management Committee, has resolved to propose ShineWing Certified Public Accountants as the company’s 2026 domestic and internal control auditor and Shinewing (HK) CPA Limited as its 2026 international auditor, subject to shareholder approval and completion of acceptance procedures. KPMG will retire upon completing the audit of the company’s 2025 annual results and the publication of the 2025 annual report, with both the company and KPMG confirming there are no disagreements over work arrangements, fees or audit opinions, signalling a routine rotation that underscores regulatory compliance and continuity in financial oversight for investors and other stakeholders.

The most recent analyst rating on (HK:1055) stock is a Hold with a HK$6.00 price target. To see the full list of analyst forecasts on China Southern Airlines Company Limited Class H stock, see the HK:1055 Stock Forecast page.

More about China Southern Airlines Company Limited Class H

China Southern Airlines Company Limited is a major Chinese carrier in the aviation industry, operating passenger and cargo air transport services. Listed in Hong Kong, the company serves domestic and international markets and is part of China’s state-owned enterprise sector, subject to related regulatory and governance requirements.

Average Trading Volume: 22,412,034

Technical Sentiment Signal: Buy

Current Market Cap: HK$141.9B

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