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Explainer: How big are the Big Four accounting firms in China?Chinese regulators have imposed a six-month business suspension and a record fine of $62 million on PwC's auditing unit in mainland China o...- Investor files liquidation petition in China against Evergrande unitThe investor - Vanward, a Shenzhen-listed electric appliance manufacturer - cited a dispute with the Evergrande unit Guangzhou Kailong Real...
- PwC names new China head amid regulatory scrutinyPwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effe...
- Evergrande liquidation law firm probing PwC, others for potential claimsLawyers for China Evergrande Group's liquidators are investigating its former auditor, PwC, and other service providers to recover losses f...
- PwC in major accounting scandal? China may impose record fine on PricewaterhouseCoopers over Evergrande auditing workChina is set to impose a record fine on PricewaterhouseCoopers LLP and may suspend some of its local operations due to its involvement in a...
- China regulator to ban Evergrande chair from securities market for lifeChinese regulators are set to ban Evergrande's chairman for life from the securities market due to financial fraud, according to a subsidia...
- Pressure piles on China Evergrande with report chairman under police surveillanceThe chairman of China Evergrande Group, Hui Ka Yan, has reportedly been placed under police surveillance, adding to the pressure on the tro...
- Evergrande shares rise despite mounting uncertainty over debt revamp planThe rise came despite growing uncertainty about the cash-strapped developer after Reuters reported that some of its offshore creditors were...
- China Evergrande shares tumble for second day, down 8% after unit misses bond paymentThe news comes after Evergrande said on the weekend that it was unable to issue new debt due to an ongoing investigation into Hengda, sendi...
- Evergrande shares sink after saying it is unable to issue new debtThe development opens a new front for the world's most indebted company just a week after police detained some staff at its wealth manageme...
- Fitch withdraws ratings on debt-laden China Evergrande, subsidiariesThe rating agency in December downgraded Evergrande and its subsidiaries, Hengda Real Estate Group Co Ltd and Tianji Holding Ltd, to so-cal...
- China Evergrande, units say unable to publish annual results by March 31Evergrande said in a stock exchange filing that due to the "drastic changes" in its operations since the second half of last year, the audi...
- As pressure mounts, China Evergrande seeks delaying onshore bond paymentEvergrande is struggling to repay more than $300 billion in liabilities, including nearly $20 billion of offshore bonds deemed in cross-def...
- Evergrande saga may shorten the length of the ongoing steel upcycle: ICRA“With the Chinese property sector accounting for around 15% of global steel demand, the Evergrande saga may potentially shorten the length ...
- China's Evergrande shares soar 20% in Frankfurt as unit to make coupon paymentEvergrande’s main unit Hengda Real Estate Group will make coupon payment on onshore bonds after successful private negotiations with bond h...
- Evergrande agrees deal to avoid default on key bond: CompanyEvergrande's property unit Hengda has said it had negotiated a plan to pay interest due on its 2025 bond, which Bloomberg News calculated w...
- Evergrande to make domestic bond coupon payment, soothing fearsThe announcement comes as Evergrande, once the country's top-selling developer, inches closer to a key deadline for an interest payment on ...
- China stocks down over 1% on Evergrande fallout fearsHong Kong-listed shares of China Evergrande slumped 6.4% to the lowest in a decade as it battled a liquidity crisis amid Beijing's draconia...
- China Evergrande onshore bond trading suspended after downgradeGoldman Sachs said in a report that because Evergrande has dollar bonds issued by both the parent company and a special purpose vehicle, re...
- 24 workers killed, 52 injured in China's coal mine fireThe fire occurred in the coal mine under Hengda Coal, a subsidiary of Fuxin Coal, a major coal producer in the province.
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