Xie Yu
Stories by Xie Yu
PwC invests in ‘high quality’ business in China after Evergrande penalty
PwC was hit with a six-month suspension and a fine of $62m over its audit of China Evergrande Group.
Nomura looking to add wealth management bankers in Dubai, HK & SG
Nomura plans to hire 30 to 35 bankers in the next two years.
China Evergrande subsidiary dealings raises hopes for offshore creditors
Those creditors became de facto shareholders of Evergrande's onshore assets due to a January liquidation order in Hong Kong.
Citic, CICC among 10 brokerages included in China’s Greater Bay Area wealth scheme
The new entrants are set to benefit from rising demand from Chinese investors.
China increases scrutiny of Big Four audit firms after Evergrande probe: report
There are concerns that auditors are not doing enough to uncover corporate wrongdoing.
Chinese investors’ rush for offshore assets spurs Hong Kong wealth inflows
The trend became evident last year but has accelerated in recent months.
Asset manager Value Partners said to have laid off a third of China staff
The job cuts are part of a planned overhaul launched to boost profit, sources said.
Offshore debt issuances by China’s local governments come under regulatory scrutiny
Local governments already owe more than $9 trillion in offshore debt.
Fidelity International plans to cut 16% of China fund unit jobs
The move comes amid a global downsizing by the firm and a downturn in China's markets.
US asset manager Matthews shuts down Shanghai office
Matthews' flagship China Fund has lost 22.4% over the past year.
