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PwC Evergrande hit will ricochet around China Inc
Reuters· 5 days agoChina's "teeth and thorns" are coming for PricewaterhouseCoopers. Those are the words President Xi Jinping has used to outline how he wants regulations...
PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged ...
South China Morning Post via Yahoo Finance· 7 days agoChina Cinda has replaced PwC's services with those of fellow "big four" accounting firm Ernst & Young (EY) for 2024, the asset manager said in a stock exchange filing on Monday ...
Evergrande audit critic GMT says China research trips now too risky
Nikkei Asian Review· 2 days agoGMT Research, the accounting research firm that took on PwC over its auditing of embattled developer...
PwC's China woes: Merchants Group unit latest to jump ship as auditor comes under scrutiny
South China Morning Post via Yahoo Finance· 4 days agoThe property development arm of state-owned China Merchants Group (CMG) has become the latest...
Time for China ETFs?
Zacks via Yahoo Finance· 2 days agoChina ETF MCHI and iShares China Large-Cap ETF FXI have fallen by 21.2% and 34% over the past five years. The struggling real estate sector has posed the...
China’s Middle Class Is Disappearing
Forbes· 3 days agoChina once enjoyed an optimistic and confident middle class. This is no small problem for the Chinese Communist Party (CCP). It has long had an implicit...
China: China Had a Bad Year
Strategy Page· 4 days agoFor example, by mid-2023 Chinese manufacturing activity had shrunk for five months in a row. This was one of several indicators that the Chinese economy was in trouble. The shrinking of Chinese ...
Short-seller Andrew Left is betting against GameStop again, undaunted by his 100% loss last time
Fortune via Yahoo Finance· 4 days agoWhen meme-stock traders' de facto leader posted a screenshot implying he owns over $100 million of...
GameStop Burned Andrew Left in 2021. He’s Betting Against the Stock Again.
The Wall Street Journal· 4 days agoAs amateur traders banded together to push the stock higher, he closed out his position at a 100%...
Country Garden’s home sales jump as Beijing’s rescue package boosts developers
South China Morning Post· 4 days ago“Improvement in sales sentiment has been observed in top-tier cities,” said Martin Wong, a senior...
