The Impact of Capital Market Opening on Audit Fees: Evidence from China

In the context of global economic integration, the opening of capital markets has always been the direction of development of emerging economies. The Shanghai-Hong Kong Connect Mechanism in 2014 is a major initiative for the opening up of China's capital markets. To study the impact of Shanghai-Hong Kong Stock Connect on audit fees is conducive to deepening the understanding of the economic consequences of Shanghai-Hong Kong Stock Connect Policy, and has important theoretical and practical significance for China to continue to deepen capital market reform and promote the healthy development of the audit market.