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PwC

The latest news, analysis and opinion on PwC. In-depth analysis, industry insights and expert opinion.

Global Chairman

Mohamed Kande

Chair and CEO

Hemione Hudson

Industry

Professional Services

Website

pwc.com

Year founded

1998

in partnership with:

PwC

At PwC, we help clients drive their companies to the leading edge. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum.

C-Suite Member

Charles Lee
Vice Chair and Managing Partner

LATEST UPDATE

pwchk.com

A robot demonstrates sorting packages at the China International Supply Chain Expo in Beijing on June 22. Photo: EPA

China’s private sector

To survive China’s cost-conscious market, global brands embrace AI and robots

From L’Oréal to Coca-Cola, major multinationals are embedding cutting-edge technologies into operations to compete with local rivals.

20 Jul 2026 - 7:00AM

Banking & finance

Hong Kong exchange lures listings from Canada, Indonesia, Kazakhstan

10 Jul 2026 - 10:30AM

Wealth Report

Hong Kong’s IPO market is being powered by industrial heavyweights

29 Jun 2026 - 12:20PM

China Evergrande Group

China Evergrande liquidators seek judicial review of SFC agreement with PwC HK

Failed developer’s creditors have been made HK$1 billion worse off by the agreement, liquidators say.

15 Jun 2026 - 9:02PM

Residents walk through a partially shuttered China Evergrande commercial complex in Beijing on January 29, 2024 - the same day the firm was ordered to liquidate by a Hong Kong court. Photo: AP

Accounting and auditing

Hong Kong court to hear Evergrande liquidators’ lawsuit against PwC on Monday

PwC faces fresh legal battle after SFC ordered HK$1 billion payout to Evergrande minority shareholders and AFRC imposed HK$300 million fine.

17 May 2026 - 7:00PM

Accounting and auditing

PwC to pay US$128 million to Evergrande minority shareholders over audit failures

Settlement marks first time auditors of a defunct firm compensate minority shareholders over misleading financial statements.

23 Apr 2026 - 7:43PM

Venture capital market

China’s state-led venture capital revival risks losing momentum

Four government funds formed to back projects, but lack of funding diversity could risk stalling the industry again if policy shifts.

5 Mar 2026 - 7:38PM

Several government funds have been formed in China to support investments in key projects. Photo: NurPhoto via Getty Images

Hong Kong budget 2026-27

Hong Kong seeks to hone edge as offshore yuan hub, digital-asset front runner

Market participants largely welcome Paul Chan’s renewed push to strengthen Hong Kong’s position as an international financial centre.

25 Feb 2026 - 11:17PM

Hong Kong economy

Hong Kong workers lag regional peers in AI use, lose out on pay, security: PwC

PricewaterhouseCoopers survey finds half of Hong Kong workers use gen AI infrequently at work compared with 34 per cent for Asia-Pacific region.

29 Jan 2026 - 7:24PM

US-Venezuela conflict

‘Expansion to defence’: China firms strategise in Latin America after Venezuela

After the abduction of former Venezuelan president Nicolas Maduro, many Chinese entrepreneurs in the region say they are staying put – for now.

13 Jan 2026 - 9:55AMvideocam

Fintech

Why Hong Kong is emerging as the world’s AI crossroads between East and West

Hong Kong’s AI sector comprises 500 organisations, 290 companies and 183 investors active in finance, healthcare and government services.

26 Dec 2025 - 2:30PM

Hong Kong is well positioned as an international hub for AI-driven innovation. Photo: May Tse

China economy

China’s cabinet clears path for VAT law to take effect next month

State Council approves draft regulations to implement the new law, which aims to govern China’s biggest source of tax revenue.

21 Dec 2025 - 5:39PMvideocam

Hong Kong property

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.

18 Dec 2025 - 9:02AM

China travel

Snowcapped prosperity: China’s winter sports market glides upwards

Growing participation and government support are fuelling innovation in equipment, expanding domestic resorts, and creating new jobs in China’s ice and snow economy.

23 Nov 2025 - 4:00PMvideocam

Team China freestyle skier Wang Xindi trains in Arxan, Inner Mongolia autonomous region, on November 6. Photo: Xinhua

Banking & finance

First-mover advantage key to Hong Kong’s success in multicurrency stablecoins

Multicurrency stablecoins are designed to maintain their value by being backed by a basket of fiat currencies on a blockchain.

7 Sep 2025 - 10:00AM

Hong Kong’s niche in stablecoins was in a multicurrency approach, Hong Kong Financial Secretary Paul Chan wrote in his blog. Photo: Shutterstock Images

Semiconductors

A third of chip supply threatened by climate change by 2035: PwC

The acceleration of climate change may prove calamitous for semiconductor production, which relies on copper, a new report says.

8 Jul 2025 - 2:00PM

Banking & finance

Macroscope | How the obsession with risky assets is putting global finance in peril

From the speculative frenzy over digital assets to the assault on bond markets, the next financial crisis will be self-inflicted.

14 Jun 2025 - 4:30PMvideocam

Mainland China

In Hong Kong and globally, AI is not a job and wage killer, PwC says

Across all industries, roles that ‘collate AI with human expertise’ are in demand and command a premium, report says.

13 Jun 2025 - 5:38PM

Contrary to expectations, AI is making workers more valuable, productive and able to command higher wage premiums, according to PwC. Photo: Shutterstock

Taiwan economy

Trade war elephant in the showroom at Computex Taipei, Asia’s biggest tech expo

As Trump threatens to reinstate high tariffs on Taiwan, tech-sector exporters reliant on the US market fear the worst.

31 May 2025 - 11:00AMvideocam

Fame and celebrity

Who is OnlyFans CEO Keily Blair, who claims the platform is ‘feminist’?

Keily Blair was a partner at a law firm before taking the reins at OnlyFans, but the Taylor Swift fan said a bank once refused her custom because of her connection to the platform.

16 May 2025 - 6:00PM

Hong Kong stock market

Unitree leads influx of mainland companies eyeing IPOs in Hong Kong

Surge in listing plans augurs well for city’s effort to claw way back to top of global ranking of fundraising destinations.

28 Apr 2025 - 4:19PM

Shanghai-based Auntea Jenny aims to raise up to US$35 million in a Hong Kong share listing. Photo: Sohu

Accounting and auditing

Hong Kong is bridge between China and the world for accounting, Paul Chan says

Ministry of Finance will continue to support Hong Kong in cross-border accounting regulation and talent nurturing, vice-minister says.

2 Dec 2024 - 5:24PM

Hong Kong Financial Secretary Paul Chan Mo-po. Photo: Jonathan Wong

Accounting and auditing

China urges audit firm PwC to strictly abide by rules and regulations

China’s vice-finance minister met PwC’s chief in Beijing following a hefty fine and suspension handed to the firm’s mainland unit over auditing failures at Evergrande.

30 Sep 2024 - 7:57PMvideocam

Accounting and auditing

PwC invests in ‘high quality’ business to survive in China after fine

PwC Zhong Tian was hit with a six-month suspension and a fine of 441 million yuan on Friday over the firm’s audit of failed property developer China Evergrande Group.

16 Sep 2024 - 4:07PM

Accounting and auditing

China slaps PwC with record US$62.2 million fine, 6-month ban

Beijing wants to send a strong message to auditors about their role as gatekeeper, Hong Kong lawmaker Edmund Wong says.

13 Sep 2024 - 6:26PMvideocam

The heavy fine and services ban on PwC shows mainland Chinese regulators want to maintain high auditing standards. Photo: Bloomberg

Accounting and auditing

Struggling Country Garden drops PwC amid turmoil in China property sector

Country Garden drops PwC as its auditor, in another setback for the firm that has lost more than 50 clients this year.

6 Sep 2024 - 12:25PM

Accounting and auditing

PwC China unit faces record fine, 6-month ban for Evergrande audit failures

PwC’s mainland unit could face a 500 million yuan (US$70 million) fine and a six-month ban on business for its failure in the audit of bankrupt developer China Evergrande Group, sources say.

22 Aug 2024 - 5:30PMvideocam

China property

Evergrande liquidators sue PwC for ‘negligence and misrepresentation’ in audit

PwC, former auditor of the collapsed developer China Evergrande Group, is facing legal action from the liquidators of the company, the latest setback for the accounting firm.

7 Aug 2024 - 7:47PMvideocam

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PwC

To survive China’s cost-conscious market, global brands embrace AI and robots

From L’Oréal to Coca-Cola, major multinationals are embedding cutting-edge technologies into operations to compete with local rivals.

Hong Kong exchange lures listings from Canada, Indonesia, Kazakhstan

Hong Kong’s IPO market is being powered by industrial heavyweights

China Evergrande liquidators seek judicial review of SFC agreement with PwC HK

Failed developer’s creditors have been made HK$1 billion worse off by the agreement, liquidators say.

Hong Kong court to hear Evergrande liquidators’ lawsuit against PwC on Monday

PwC faces fresh legal battle after SFC ordered HK$1 billion payout to Evergrande minority shareholders and AFRC imposed HK$300 million fine.

PwC to pay US$128 million to Evergrande minority shareholders over audit failures

Settlement marks first time auditors of a defunct firm compensate minority shareholders over misleading financial statements.

China’s state-led venture capital revival risks losing momentum

Four government funds formed to back projects, but lack of funding diversity could risk stalling the industry again if policy shifts.

Hong Kong seeks to hone edge as offshore yuan hub, digital-asset front runner

Market participants largely welcome Paul Chan’s renewed push to strengthen Hong Kong’s position as an international financial centre.

Hong Kong workers lag regional peers in AI use, lose out on pay, security: PwC

PricewaterhouseCoopers survey finds half of Hong Kong workers use gen AI infrequently at work compared with 34 per cent for Asia-Pacific region.

‘Expansion to defence’: China firms strategise in Latin America after Venezuela

After the abduction of former Venezuelan president Nicolas Maduro, many Chinese entrepreneurs in the region say they are staying put – for now.

Why Hong Kong is emerging as the world’s AI crossroads between East and West

Hong Kong’s AI sector comprises 500 organisations, 290 companies and 183 investors active in finance, healthcare and government services.

China’s cabinet clears path for VAT law to take effect next month

State Council approves draft regulations to implement the new law, which aims to govern China’s biggest source of tax revenue.

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.

Snowcapped prosperity: China’s winter sports market glides upwards

Growing participation and government support are fuelling innovation in equipment, expanding domestic resorts, and creating new jobs in China’s ice and snow economy.

First-mover advantage key to Hong Kong’s success in multicurrency stablecoins

Multicurrency stablecoins are designed to maintain their value by being backed by a basket of fiat currencies on a blockchain.

A third of chip supply threatened by climate change by 2035: PwC

The acceleration of climate change may prove calamitous for semiconductor production, which relies on copper, a new report says.

.css-1pcrwvc{color:#2aa191;}Macroscope | How the obsession with risky assets is putting global finance in peril

From the speculative frenzy over digital assets to the assault on bond markets, the next financial crisis will be self-inflicted.

In Hong Kong and globally, AI is not a job and wage killer, PwC says

Across all industries, roles that ‘collate AI with human expertise’ are in demand and command a premium, report says.

Trade war elephant in the showroom at Computex Taipei, Asia’s biggest tech expo

As Trump threatens to reinstate high tariffs on Taiwan, tech-sector exporters reliant on the US market fear the worst.

Who is OnlyFans CEO Keily Blair, who claims the platform is ‘feminist’?

Keily Blair was a partner at a law firm before taking the reins at OnlyFans, but the Taylor Swift fan said a bank once refused her custom because of her connection to the platform.

Unitree leads influx of mainland companies eyeing IPOs in Hong Kong

Surge in listing plans augurs well for city’s effort to claw way back to top of global ranking of fundraising destinations.

Hong Kong is bridge between China and the world for accounting, Paul Chan says

Ministry of Finance will continue to support Hong Kong in cross-border accounting regulation and talent nurturing, vice-minister says.

China urges audit firm PwC to strictly abide by rules and regulations

China’s vice-finance minister met PwC’s chief in Beijing following a hefty fine and suspension handed to the firm’s mainland unit over auditing failures at Evergrande.

PwC invests in ‘high quality’ business to survive in China after fine

PwC Zhong Tian was hit with a six-month suspension and a fine of 441 million yuan on Friday over the firm’s audit of failed property developer China Evergrande Group.

China slaps PwC with record US$62.2 million fine, 6-month ban

Beijing wants to send a strong message to auditors about their role as gatekeeper, Hong Kong lawmaker Edmund Wong says.

Struggling Country Garden drops PwC amid turmoil in China property sector

Country Garden drops PwC as its auditor, in another setback for the firm that has lost more than 50 clients this year.

PwC China unit faces record fine, 6-month ban for Evergrande audit failures

PwC’s mainland unit could face a 500 million yuan (US$70 million) fine and a six-month ban on business for its failure in the audit of bankrupt developer China Evergrande Group, sources say.

Evergrande liquidators sue PwC for ‘negligence and misrepresentation’ in audit

PwC, former auditor of the collapsed developer China Evergrande Group, is facing legal action from the liquidators of the company, the latest setback for the accounting firm.

Macroscope | How the obsession with risky assets is putting global finance in peril