Evergrande shares soar

PwC China Hit With 6-Month Ban Over Evergrande Crisis

China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande

Chinese authorities have banned the accounting firm PwC for six months and fined it over $56 million for its involvement in the audit of collapsed local property developer Evergrande.

Wall Street Journal on MSN · 2d

PwC China Hit With Six-Month Ban Over Evergrande Crisis

Chinese authorities fined PricewaterhouseCoopers nearly $108 million over lapses in its auditing of China Evergrande Group’s flagship onshore unit, Hengda Real Estate.

Bloomberg L.P. · 2d

China Levies Record Penalty on PwC Over Evergrande Fraud

China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group.

In Depth

2don MSNIn Depth

Exclusive: Evergrande Chairman kept in special Shenzhen detention center

Hui Ka Yan, the chairman of China Evergrande Group - the company at the centre of the country's property sector crisis - has been moved to a special detention centre in Shenzhen, two sources with ...

11monon MSNOpinion

Is the next subprime crisis brewing in China’s property market?

The slowdown in China's asset-backed securities is raising fears of a repeat of 2008, when the complex, opaque products ...

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