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PwC pays $166 million to settle HK Evergrande audit probe

Posted on April 23, 2026
By Business News Today
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1 min read

PwC pays $166 million to settle HK Evergrande audit probe

PricewaterhouseCoopers LLP will pay HK$1.3 billion in fines and compensation to settle investigations into its auditing of collapsed property giant China Evergrande Group. The firm also faces a six-month suspension from new listed audit clients in Hong Kong. This agreement resolves regulatory matters stemming from audits over five years ago.