Today: September 19, 2024
Today: September 19, 2024

Latest From Xie Yu

Asia|Business

PwC invests in 'high quality' business in China after record fine, internal memo says

PwC is making "tangible investments" to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo to staff after Chinese regulators

PwC invests in 'high quality' business in China after record fine, internal memo says
Asia|Business|Finance

How big are the Big Four accounting firms in China?

Chinese regulators on Friday hit PwC's auditing unit in mainland China with a six-month business suspension and a record fine of 441 million yuan ($62 million) over the

How big are the Big Four accounting firms in China?
Business|Finance

Reaction to China creating $230 billion brokerage powerhouse

Shanghai-based Guotai Junan Securities is set to acquire its cross-town rival Haitong Securities via a share swap, creating a state-backed sector leader with $230

Reaction to China creating $230 billion brokerage powerhouse
Asia|Business|Finance|Stock Markets

Investor files liquidation petition in China against Evergrande unit

An investor has filed a petition in a Chinese court to liquidate a major onshore unit of heavily indebted property developer China Evergrande, a stock filing by the

Investor files liquidation petition in China against Evergrande unit
Business|Economy

PwC names new China head amid regulatory scrutiny

PricewaterhouseCoopers (PwC) has named in-house executive Daniel Li as its new China head, a move that comes as it faces investigations by financial regulators in

PwC names new China head amid regulatory scrutiny
Business|Economy

Chinese investors' rush for offshore assets spurs Hong Kong wealth inflows

Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a

Chinese investors' rush for offshore assets spurs Hong Kong wealth inflows
Business|Economy

Evergrande liquidation law firm probing PwC, others for potential claims, sources say

Lawyers appointed by the liquidators of China Evergrande Group are investigating some of the property developer's service providers including its former auditor

Evergrande liquidation law firm probing PwC, others for potential claims, sources say
Business|Economy

Creditors file lawsuit against defaulted Chinese developer's state shareholder

A group of creditors of China South City has filed a lawsuit in Hong Kong against the developer's biggest state-owned shareholder to recover $1.4 billion, according to

Creditors file lawsuit against defaulted Chinese developer's state shareholder
Business|Economy

China Vanke sells Shenzhen land plot at loss-making reserve price

Embattled Chinese property developer China Vanke said on Monday it had completed the sale of a plot of land in Shenzhen for 2.24 billion yuan ($309.23

China Vanke sells Shenzhen land plot at loss-making reserve price
Economy|News|Political

Geopolitical risks top concern for global family offices, UBS survey shows

A major geopolitical conflict is the top risk for global family offices in both the near- and medium-term, while North America and Asia Pacific are set to become the

Geopolitical risks top concern for global family offices, UBS survey shows
Economy|News|World

Exclusive-China turns the heat up on cross-border investments in local govt debt, sources say

Chinese regulators are inspecting the use of a cross-border mechanism to invest in debt-laden local governments' offshore bonds, two sources said, indicating a ramping

Exclusive-China turns the heat up on cross-border investments in local govt debt, sources say

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