Themed “Shape Your Brand Future, Accelerate Sustainable Growth”, the 2024 Kantar BrandZ China Gala Event was held in Shanghai on Sept 10. Kantar officially released the 2024 Top 100 Most Valuable …
Monthly Archives For September 2024
Evergrande Chairman Hui kept in special detention center in Shenzhen, sources say
Hui Ka Yan, the chairman of China Evergrande Group – the company at the centre of the country’s property sector crisis – has been moved to a special detention centre in Shenzhen, two sources with…
China’s debtors get ray of hope as Shenzhen shares bankruptcy data
Shenzhen has released more data on its personal bankruptcy cases, part of a pilot programme adopted to aid China’s individual debtors.
China gives auditing firm PwC a 6-month ban and fine over audit of collapsed property developer Evergrande
TAIPEI, Taiwan — China gives auditing firm PwC a 6-month ban and fine over audit of collapsed property developer Evergrande.
Beijing suspends PwC’s China unit for six months over Evergrande audit
China’s Ministry of Finance (MOF) on Friday imposed a six-month business suspension on PwC’s auditing unit in mainland China over its audit of troubled property developer China Evergrande Group, the …
PwC unit suspended for six months in mainland China over Evergrande audit
China’s Ministry of Finance (MOF) on Friday imposed a six-month business suspension on PwC’s auditing unit in mainland China over the auditing of Evergrande, the regulator said.
China slaps PwC with record US$62.2 million fine, 6-month ban for Evergrande audit failures
Beijing wants to send a strong message to auditors about their role as gatekeeper, Hong Kong lawmaker Edmund Wong says.
China suspends PwC for six months, fines firm $62 million over evergrande audit issues
Beijing has imposed a six-month ban and a $62.2 million fine on PricewaterhouseCoopers (PwC) following an audit that uncovered major financial misstatements at Evergrande Real Estate. This move is …
PwC unit suspended for six months in mainland China over Evergrande audit
China’s Ministry of Finance (MOF) on Friday imposed a six-month business suspension on PwC’s auditing unit in mainland China over the auditing of Evergrande, the regulator said.
Bank of Beijing aims for top cross-border services
The Bank of Beijing will enhance its cross-border financial services and make continuous efforts to become the top service provider in this field, said Huo Xuewen, chairman of the bank, at a forum …
China Fines PwC, Halts Business for Six Months Over Evergrande
China halted some of PricewaterhouseCoopers LLP’s business for six months for its role in auditing China Evergrande Group.
China Fines PwC $62 Million for Botching Its Work for Evergrande
Authorities also imposed a six-month suspension on the local operations of the global firm, which was once one a dominant auditing firm in China.
China’s $6.5 Trillion Loss Should Have Xi Jinping Looking In The Mirror
The $6.5 trillion that’s been erased from mainland bourses since a 2021 peak is an epically large price to pay for Beijing’s policies these last few years.
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