{"id":144939,"date":"2024-06-03T20:00:18","date_gmt":"2024-06-03T13:00:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pwc-defections-continue-as-china-cinda-asset-management-ditches-auditor-facing-fines-for-alleged-evergrande-malpractice\/"},"modified":"2024-06-03T20:01:46","modified_gmt":"2024-06-03T13:01:46","slug":"pwc-defections-continue-as-china-cinda-asset-management-ditches-auditor-facing-fines-for-alleged-evergrande-malpractice","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pwc-defections-continue-as-china-cinda-asset-management-ditches-auditor-facing-fines-for-alleged-evergrande-malpractice\/","title":{"rendered":"PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice"},"content":{"rendered":"


\nState-owned China Cinda Asset Management is the latest major client to terminate its contract with PwC, after several big firms cut ties with the auditor amid growing concerns about possible financial fraud tied to embattled developer China Evergrande.
\n
\nSource : South China Morning Post
\nRead more…PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

State-owned China Cinda Asset Management is the latest major client to terminate its contract with...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-144939","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-BHJ","jetpack-related-posts":[{"id":146641,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-liquidators-start-legal-action-against-pwc-for-negligence-in-auditing-work\/","url_meta":{"origin":144939,"position":0},"title":"Evergrande liquidators start legal action against PwC for \u2018negligence\u2019 in auditing work","date":"August 7, 2024","format":false,"excerpt":"\r PwC, former auditor of the collapsed developer China Evergrande Group, is facing legal action from the liquidators of the company, the latest setback for the accounting firm.\r \r Source : South China Morning Post\r Read more...Evergrande liquidators start legal action against PwC for \u2018negligence\u2019 in auditing work","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-liquidators-seek-us8-4-billion-from-pwc-entities-in-hong-kong-lawsuit\/","url_meta":{"origin":144939,"position":1},"title":"Evergrande liquidators seek US$8.4 billion from PwC entities in Hong Kong lawsuit","date":"May 18, 2026","format":false,"excerpt":"\r The liquidators of China Evergrande Group are seeking 57 billion yuan (US$8.4 billion) from three PricewaterhouseCoopers (PwC) entities in one of the largest corporate lawsuit claims in Hong Kong, arguing the firm\u2019s global coordinating arm assumed responsibility for audits linked to the collapsed developer\u2019s accounting scandal. Evergrande\u2019s liquidators, Tiffany\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147070,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pwc-invests-in-high-quality-china-business-to-ensure-survival-after-us62-million-fine\/","url_meta":{"origin":144939,"position":2},"title":"PwC invests in \u2018high quality\u2019 China business to ensure survival after US$62 million fine","date":"September 16, 2024","format":false,"excerpt":"\r PwC Zhong Tian was hit with a six-month suspension and a fine of 441 million yuan on Friday over the firm\u2019s audit of failed property developer China Evergrande Group.\r \r Source : South China Morning Post\r Read more...PwC invests in \u2018high quality\u2019 China business to ensure survival after US\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-auditor-resignations-trigger-alarm-bells-amid-hidden-debt-at-chinese-property-developers\/","url_meta":{"origin":144939,"position":3},"title":"Evergrande crisis: auditor resignations trigger alarm bells amid hidden debt at Chinese property developers","date":"February 16, 2022","format":false,"excerpt":"\r A spate of auditor resignations at Chinese property companies is reigniting concerns about financial transparency in an industry facing a credit squeeze and more than US$60 billion of bond redemptions this year.PwC quit its role at Hopson Development on January 27, citing inadequate access to necessary information, while Deloitte\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-puts-pwc-role-in-spotlight\/","url_meta":{"origin":144939,"position":4},"title":"Evergrande crisis puts PwC role in spotlight","date":"October 12, 2021","format":false,"excerpt":"\r Auditors face rising reputational and legal risks in dealing with Chinese companies\r \r Source : ft.com\r Read more...Evergrande crisis puts PwC role in spotlight","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asset-sale-report-spurs-us3-5-billion-rally-in-china-evergrande-companies-as-billionaire-seeks-to-steady-ship\/","url_meta":{"origin":144939,"position":5},"title":"Asset-sale report spurs US$3.5 billion rally in China Evergrande companies as billionaire seeks to steady ship","date":"August 10, 2021","format":false,"excerpt":"\r Shares of companies in the China Evergrande group recorded some of their biggest rallies this year, restoring more than US$3.5 billion of market value, following a report saying the developer was preparing to sell assets to boost its liquidity.The group was in discussions with state-owned and private companies to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144939"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=144939"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144939\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=144939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=144939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=144939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}