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PwC's China woes: Merchants Group unit latest to jump ship as auditor comes under scrutiny
South China Morning Post via Yahoo Finance· 2 days agoThe property development arm of state-owned China Merchants Group (CMG) has become the latest...
PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged ...
South China Morning Post via Yahoo Finance· 5 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 ...
Time for China ETFs?
Zacks via Yahoo Finance· 14 hours agoChina Large-Cap ETF FXI have fallen by 21.2% and 34% over the past five years. The struggling real estate sector has posed the main challenge to China's...
Short-seller Andrew Left is betting against GameStop again, undaunted by his 100% loss last time
Fortune via Yahoo Finance· 2 days agoWhen meme-stock traders' de facto leader posted a screenshot implying he owns over $100 million of...
China’s Middle Class Is Disappearing
Forbes· 21 hours 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...
CSRC fines Evergrande arm, former chairman for financial fraud
China Daily· 7 days agoThe China Securities Regulatory Commission slapped a fine of 4.175 billion yuan ($576.5 million) on Evergrande, while its former chairman and actual controller ...
China May Have Found a Way to Save Its Ailing Developers
Bloomberg· 6 days agoAfter many failures, authorities have managed to turn the tide for property firms — at least for now
GameStop Burned Andrew Left in 2021. He’s Betting Against the Stock Again.
The Wall Street Journal· 2 days agoAs amateur traders banded together to push the stock higher, he closed out his position at a 100%...
Imagine Paying For A New House in 2016 That Still Wasn't Finished By 2024
Benzinga via Yahoo Finance· 4 days agoImagine finding your dream home, paying for it in total, and still being stuck in your old house...