Hong Kong regulator to investigate PwC auditing of Chinese real estate giant Evergrande

Hong Kong Free Press

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Hong Kong regulator to investigate PwC auditing of Chinese real estate giant Evergrande

Hong Kong’s accounting regulator said it would start an investigation into PwC’s role in auditing Chinese real estate giant Evergrande, citing the publication of a “whistle-blower report”. Evergrande International Center in Guangzhou, China. File photo: Wikicommons. Heavily indebted Evergrande has become a symbol of the years-long crisis in China’s property market, and last month its onshore unit was accused of a $78 billion revenue overstateme…