The story of China Evergrande Group

Chinese property developer; in March 2024 China’s securities regulator accused it of fraud. Its onshore unit was Hengda Real Estate.

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China Evergrande Group. Chinese property developer; in March 2024 China’s securities regulator accused it of fraud. Its onshore unit was Hengda Real Estate.

2018–2020

China Evergrande Group awarded a contract to PwC Zhong Tian. Auditor of its onshore unit, Hengda Real Estate.

Mar 2024

China Evergrande Group, charged by China Securities Regulatory Commission. Accused of a fraud over two years through 2020, of about $78 billion in the regulator’s figure.

A charge is an accusation, not a finding of guilt.

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Drawn from the sourced links on China Evergrande Group. Change a link and this story changes with it.