PwC China faces 6-mth business ban, large fine over Evergrande audit, sources sayChinese regulators are likely to impose a six-month business suspension for part of PricewaterhouseCoopers' auditing unit in mainland China...
22 Aug, 2024, 03.41 PM IST
China dials up scrutiny of Big Four audit firms after Evergrande probe, sources sayChina's Ministry of Finance is intensifying checks on Big Four auditing firms like Deloitte, EY, PwC, KPMG for local companies. Focus on au...
10 Jul, 2024, 03.44 PM IST
Some Chinese financiers cold shoulder Beijing's property rescue callWithout explicit financial backstop from Beijing, senior executives at some of the institutions are wary of engaging with cash-strapped dev...
25 Aug, 2022, 02.11 PM IST
China Huarong falls 50% as trading resumes after 9-month haltWednesday's share trading resumption follows Huarong's announcement in November that it would receive fresh capital worth 42 billion yuan (...
05 Jan, 2022, 11.33 AM IST
Does the Evergrande turmoil in China have implications for India?Indian steel stocks, while no longer the best bets in the market, do not appear particularly bad either. We, however, prefer non-ferrous me...
27 Sep, 2021, 10.23 PM IST
Inside the race to avert disaster at China’s biggest ‘bad bank’, the Huarong Asset Management CoHuarong Asset Management Co has been in full crisis mode ever since it delayed its 2020 earnings results, eroding investor confidence. Exec...
24 May, 2021, 11.57 AM IST
World market themes for week ahead: Spring is (finally) in the airGlobal equities are down after three months of gains. But markets aren't far off record highs and price falls may reflect a setback for tec...
08 May, 2021, 02.02 PM IST
China shares end lower on Sino-US tensions; Shanghai Composite Index slips marginallyThe blue-chip CSI300 index fell 0.2 per cent to 5,089.24, while the Shanghai Composite Index shed 0.2 per cent to 3,465.11.
22 Apr, 2021, 02.06 PM IST
Six top cues that changed things for Dalal Street while you were sleepingRead about all of that and more in this morning’s digest of news, views and cues that changed your market while you were sleeping:
15 Nov, 2016, 07.01 AM IST
China getting serious about bad debtHybrid sales by finance companies had fallen 38% this year; credit analyst Nicholas Yap says banks raising capital to 'tackle higher loan i...
06 Sep, 2016, 08.39 AM IST
Hong Kong shares up on strong China market, fading US rate hike fearsThe Hang Seng index rose 1.2 per cent to 22,730.93 points, while the China Enterprises Index gained 1.3 per cent to 10,538.19 points.
12 Oct, 2015, 03.07 PM IST
Who shot down China bull? Regulator says hunt is on; Shanghai ends 6% down, slips 30% in 3 weeks; what experts sayChina's major stock index, SSE Composite Index plunged nearly 30% since June 12 including Friday's fall of 5.7 per cent.
06 Jul, 2015, 10.10 AM IST