China Evergrande Group

Beijing slapped PwC China with a multi-million dollar fine for its botched Evergrande audit. Hong Kong may hit next
Finance

Beijing slapped PwC China with a multi-million dollar fine for its botched Evergrande audit. Hong Kong may hit next

By Kiuyan Wong and Bloomberg
September 16, 2024
China bans PwC for 6 months and fines it $62 million over botched Evergrande audit
Finance

China bans PwC for 6 months and fines it $62 million over botched Evergrande audit

By Peter Catterall and AFP
September 13, 2024
PwC, a ‘Big 4’ auditing firm, is reportedly bracing for a 6-month ban in China
Finance

PwC, a ‘Big 4’ auditing firm, is reportedly bracing for a 6-month ban in China

By
August 22, 2024
Evergrande’s liquidators want to claw back $6 billion from 7 defendants, including founder Hui Ka Yan and his ex-wife
Finance

Evergrande’s liquidators want to claw back $6 billion from 7 defendants, including founder Hui Ka Yan and his ex-wife

By
August 6, 2024
Beijing is spending $42 billion to save its slumping real estate sector. Analysts say it’s nowhere near enough
Finance

Beijing is spending $42 billion to save its slumping real estate sector. Analysts say it’s nowhere near enough

By Tom Hancock and Bloomberg
May 20, 2024
Citron Research short-selling founder who was banned from Hong Kong trading after warning about China Evergrande wants an apology—and a refund
Finance

Citron 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 Bloomberg
March 26, 2024
China is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case
Finance

China is investigating the role of Big 4 accountant PwC in $78 billion Evergrande fraud case

By
March 22, 2024
Evergrande founder Hui Ka Yan was once China’s richest person. Beijing now accuses him of inflating his company’s revenue by almost $80 billion
Finance

Evergrande 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
March 19, 2024
Chinese minister Ni Hong speaking at a press conference.
Finance

China is sending a harsh message to its struggling property developers: ‘They will be made to pay the due price’

By
March 11, 2024
Standard Chartered CEO Bill Winters
Finance

CEO 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
February 13, 2024
Evergrande
Finance

Western 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 Bloomberg
February 9, 2024
Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’
Finance

Evergrande, the poster child for China’s property debt crisis, is ordered to liquidate by a Hong Kong court: ‘Enough is enough’

By
January 29, 2024
Beijing is asking banks not to ‘blindly withdraw loans’ to China’s troubled real estate developers as Evergrande faces critical liquidation hearing
Finance

Beijing is asking banks not to ‘blindly withdraw loans’ to China’s troubled real estate developers as Evergrande faces critical liquidation hearing

By
January 26, 2024
Hui Ka Yan, chairman of China Evergrande Group, speaks during a news conference in Hong Kong, China, on Monday, March 26, 2018.
Leadership

Embattled China Evergrande’s founder is no longer a billionaire after the man once worth $42 billion loses 98% of his wealth

By
October 25, 2023
China’s Country Garden warns its first-ever default could come soon, as its September sales plunge by over 80% year on year

China’s Country Garden warns its first-ever default could come soon, as its September sales plunge by over 80% year on year

By
October 10, 2023

Most Popular