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Chinese Property Giant Evergrande Fined $576 Mn For 'Fraud'
International Business Times· 7 days agoChina's deeply indebted property giant Evergrande has been fined $576 million for fraudulent...
PwC's China woes: Merchants Group unit latest to jump ship as auditor comes under scrutiny
South China Morning Post via Yahoo Finance· 20 hours agoThe property development arm of state-owned China Merchants Group (CMG) has become the latest...
China Securities Regulator Fines Evergrande Unit $580 Million
The Wall Street Journal· 7 days agoA Chinese regulator fined a unit of China Evergrande Group almost $580 million for alleged financial...
PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged ...
South China Morning Post via Yahoo Finance· 4 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 ...
China weighs record fine for PwC over China Evergrande auditing - Business Insurance
Business Insurance· 7 days agoChina's Ministry of Finance is considering imposing a record fine of at least 1 billion Chinese yuan...
China fines Evergrande's Hengda $577 million for fraudulent bond issuance
CNBC· 7 days agoChina has fined China Evergrande's onshore flagship unit 4.18 billion yuan ($577 million) for...
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...
CSRC fines Evergrande arm, former chairman for financial fraud
China Daily· 6 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
Blow for Beijing as China’s factory activity falls unexpectedly
The Telegraph via Yahoo Finance· 7 days agoKelvin Lam at Pantheon Macroeconomics said the fallout from China’s debt-fuelled property crisis had...