Real Estate China’s Country Garden proposes debt restructuring Nada Ali Nov 18, 2024 0 China's Country Garden has submitted preliminary terms of an offshore debt restructuring proposal to some creditors…
International News PwC vows investment in China despite record fine Nada Ali Sep 16, 2024 0 PwC is committed to making "tangible investments" to ensure the Big Four firm maintains a high-quality and…
Featured PwC China faces potential 6-month suspension, hefty fine over Evergrande audit Yomna Yasser Aug 22, 2024 0 PricewaterhouseCoopers' (PwC) Chinese mainland operations are facing a potential six-month suspension as punishment…
International News China’s Kaisa unveils debt restructuring plan Nada Ali Aug 20, 2024 0 Kaisa Group, a Chinese property developer, took a major step in resolving its offshore debt crisis by reaching an…
Real Estate Evergrande unit seeks debt details ahead of bankruptcy hearing Nada Ali Aug 16, 2024 0 China's Evergrande onshore unit requested creditors to provide details about the debt owed to them before the first…
International News Evergrande unit faces liquidation petition in China Nada Ali Aug 7, 2024 0 An investor in China has petitioned a court to liquidate a significant unit of the financially troubled property…
Real Estate China’s Shimao wins temporary reprieve from liquidation Nada Ali Jul 31, 2024 0 Chinese property developer Shimao Group announced on Wednesday that a Hong Kong court has postponed a liquidation…
Real Estate China tightens up scrutiny of Big Four audits firms Nada Ali Jul 10, 2024 0 China's Ministry of Finance is tightening its grip on the Big Four accounting firms (Deloitte, EY, PwC, KPMG) in…
Real Estate Chinese Shimao receives wind-up petition in H. Kong Nada Ali Apr 8, 2024 0 Chinese developer Shimao Group received a liquidation petition from China Construction Bank (Asia) against it in…
Real Estate China’s Country Garden faces liquidation petition Nada Ali Feb 28, 2024 0 Chinese developer Country Garden is facing a liquidation petition for non-payment of a $205 million loan, which…