Hong Kong watchdog to investigate PwC audit role in Evergrande

Hong Kong watchdog to investigate PwC audit role in Evergrande

FILE PHOTO: The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo

Hong Kong’s audit watchdog Accounting and Financial Reporting Council (AFRC) said on Friday it would investigate PricewaterhouseCoopers’ (PwC) management in auditing China Evergrande Group over a whistle-blower report circulating in the media.