Tag: China Evergrande Group

The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China.(Reuters)
Posted in Business

PwC China faces 6-month business ban, huge fine over Evergrande audit: Report

PricewaterhouseCoopers LLP’s China unit expects the Chinese government to hand down a six-month ban as part of punishment over its audit of failed property giant…

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Evergrande first defaulted on a dollar bond in December 2021 following months of uncertainty about its finances.(Bloomberg)
Posted in Business

China developer Evergrande Group files for bankruptcy protection in New York

China Evergrande Group, the real estate giant whose default two years ago accelerated a broader property debt crisis in the country, sought Chapter 15 bankruptcy…

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