A general view shows the Evergrande Center building in Shanghai on September 22, 2021. Troubled Chinese real estate giant Evergrande will have until January to put together a restructuring plan, a Hong Kong court ruled on December 4, 2023, extending a deadline previously set for December.
On Friday, Hong Kong's Accounting and Financial Reporting Council said "a whistle-blower report" had come to its attention. The probe comes after an anonymous letter was circulated last week -- titled "Who led PwC into the firepit that was Evergrande?" -- and drew condemnation from the accounting firm, which said it contained "inaccurate statements and false allegations".
Earlier this year, the real estate behemoth was handed a winding-up order by a Hong Kong court after struggling for years to repay creditors after its 2021 default.SB19 to headline Xiaomi Fan Festival 2024 happening on April 20D-Link partners with VST ECS to drive innovation, network solutionsBDO Unibank Inc., the country’s largest bank, will remain cautious this year despite strong profit growth in 2023 and...