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China Evergrande Group

FinanceBeijing slapped PwC China with a multi-million dollar fine for its botched Evergrande audit. Hong Kong may hit next
By Kiuyan Wong and BloombergSeptember 16, 2024
FinanceChina bans PwC for 6 months and fines it $62 million over botched Evergrande audit
By Peter Catterall and AFPSeptember 13, 2024
FinancePwC, a ‘Big 4’ auditing firm, is reportedly bracing for a 6-month ban in China
By Lionel LimAugust 22, 2024
FinanceEvergrande’s liquidators want to claw back $6 billion from 7 defendants, including founder Hui Ka Yan and his ex-wife
By BloombergAugust 6, 2024
FinanceBeijing is spending $42 billion to save its slumping real estate sector. Analysts say it’s nowhere near enough
By Tom Hancock and BloombergMay 20, 2024
FinanceCitron Research short-selling founder who was banned from Hong Kong trading after warning about China Evergrande wants an apology—and a refund
By Kiuyan Wong and BloombergMarch 26, 2024
FinanceChina is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case
By BloombergMarch 22, 2024
FinanceEvergrande founder Hui Ka Yan was once China’s richest person. Beijing now accuses him of inflating his company’s revenue by almost $80 billion
By Lionel LimMarch 19, 2024
Chinese minister Ni Hong speaking at a press conference.
FinanceChina is sending a harsh message to its struggling property developers: ‘They will be made to pay the due price’
By Dylan SloanMarch 11, 2024
Standard Chartered CEO Bill Winters
FinanceCEO of a $19 billion U.K. bank with business in Hong Kong since the Victorian age sees a ‘lack of confidence’ unraveling China’s economy
By Paolo ConfinoFebruary 13, 2024
Evergrande
FinanceWestern hedge funds that saw a killing in billions of Evergrande bonds stunned when government handed out 99% haircut instead, sources say
By Alice Huang, Dorothy Ma, Pearl Liu and BloombergFebruary 8, 2024
FinanceEvergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’
By Lionel LimJanuary 28, 2024
FinanceBeijing is asking banks not to ‘blindly withdraw loans’ to China’s troubled real estate developers as Evergrande faces critical liquidation hearing
By Nicholas GordonJanuary 26, 2024
Hui Ka Yan, chairman of China Evergrande Group, speaks during a news conference in Hong Kong, China, on Monday, March 26, 2018.
LeadershipEmbattled China Evergrande’s founder is no longer a billionaire after the man once worth $42 billion loses 98% of his wealth
By Chloe TaylorOctober 25, 2023
AsiaChina’s Country Garden warns its first-ever default could come soon, as its September sales plunge by over 80% year on year
By Lionel LimOctober 10, 2023
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