PwC Agrees to Pay $166 Million to Close Evergrande Probe in HK

PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in compensation and fines in Hong Kong over its auditing work of China Evergrande Group.

By Trista Xinyi Luo, Kiuyan Wong · Bloomberg Markets

PricewaterhouseCoopers LLP agreed to pay HK$1.3 billion ($166 million) in compensation and fines in Hong Kong over its auditing work of China Evergrande Group.