Chinese authorities have revoked the license of Evergrande Life, a subsidiary of the Evergrande Group, citing illegal use of funds.

China is moving to finalize the long-running saga of troubled property giant Evergrande, following the founder's recent life sentence.

A Chinese court in Guangzhou has officially accepted the bankruptcy case filed by a unit of the embattled property developer Evergrande.

The former chairman of Chinese property giant Evergrande has been sentenced to life imprisonment, following a high-profile legal case.

Hui Ka Yan, the founder of Evergrande, has been sentenced to life imprisonment for financial misconduct, with the court also mandating the confiscation of his assets and imposing fines on Evergrande.

Evergrande's liquidators are challenging the Hong Kong watchdog's HK$1 billion settlement with auditor PwC in court. This legal action disputes the terms of the agreement reached between the regulator and the auditing firm.

A story details how a homeless man came to occupy a 250 million Euro London villa in Hyde Park, reportedly linked to Evergrande founder Xu Jiayin, highlighting a stark contrast in fortunes.

PwC Hong Kong partners are reportedly set to miss out on payouts following a sanction linked to the embattled Chinese property developer Evergrande. The move highlights ongoing repercussions from the Evergrande crisis within the financial sector.

Liquidators for the embattled Chinese property developer China Evergrande have filed a lawsuit against auditing firm PwC, seeking $8.4 billion in damages related to its past audit work.

The Hong Kong High Court is scheduled to hear the lawsuit filed by China Evergrande Group's liquidators against PricewaterhouseCoopers (PwC) International on Monday. The one-day hearing is listed on the judiciary's website.

Liquidators for Evergrande are reportedly in discussions to sell the company's property management arm to a state-owned firm.

Hui Ka Yan, the founder of the Chinese property developer Evergrande, has pleaded guilty to charges including embezzlement and corporate bribery.

The founder of China's Evergrande, once the country's largest real estate firm, has pleaded guilty to fraud charges.

Despite the dissolution of developer Evergrande, China's broader property crisis continues to be a significant economic challenge, indicating systemic issues beyond a single company.

China has taken a step forward in the process of dissolving the embattled property developer China Evergrande, signaling further developments in its restructuring.

Guangzhou court allows bank to apply for Evergrande bankruptcy liquidation  China Daily

Creditors of China Evergrande Group, who are owed $45 billion, are now facing a more complicated process to recover even a fraction of their money as the company undergoes one of China's largest liquidations.

For property giant Evergrande, the face of China's real estate woes, an excruciating saga that has dragged on for years culminated on Thursday with court rulings ordering fines and jail terms.

A Hong Kong court has ruled in favor of the embattled conglomerate Evergrande, allowing it to recover approximately HK$6 billion (US$764.7 million) from a third party after dismissing the borrower's arguments against enforcement.

The Securities and Futures Commission (SFC) is moving forward with a plan to distribute HK$1 billion in payouts related to Evergrande.

PwC has reduced partner payouts as it deals with the financial repercussions of the China Evergrande fallout, including fines and a looming lawsuit, with proceeds from a 2022 disposal no longer being distributed.

A Hong Kong hotel company is facing difficulties refinancing a loan after being impacted by losses related to the Evergrande crisis.

Xu Jiayin, once China's richest man, is under pressure as his company Evergrande's debt crisis continues to impact the Chinese real estate market, with potential legal repercussions.

PwC Hong Kong has been ordered to compensate Evergrande shareholders and faces additional penalties from Hong Kong authorities over its audit of the embattled property developer. This marks an unprecedented settlement related to the firm's role.

Property tycoon Pan Shiyi has issued a rare critique of China’s real estate sector, describing its development model as a 'Ponzi scheme' and urging integrity, just days after an Evergrande boss pleaded guilty to fraud.

The founder of China Evergrande has pleaded guilty to fraud charges in court. This landmark trial is connected to the massive collapse of the company's property empire.

The founder of China Evergrande has pleaded guilty to fraud charges in a Shenzhen court, marking a significant development in the high-profile case involving the indebted property giant.

A court has initiated bankruptcy liquidation proceedings for Evergrande's primary onshore operating arm, marking a significant development for the embattled property giant.

China has sentenced the founder of the disgraced property giant Evergrande to jail and imposed a significant fine on the company itself.

A Chinese court has sentenced the founder of Evergrande to jail and imposed a significant fine on the disgraced property giant, marking a major development in its ongoing crisis.

China's property market, once a major growth driver, has been in a five-year downward spiral, with real estate values continuing to plummet, forcing financially distressed households to sell properties.

Liquidators for China Evergrande have sent a letter to PwC auditors, warning them against using divorce proceedings to shield assets amidst reports of some partners taking steps to avoid potential damage payouts.

The liquidation of China Evergrande has reportedly prompted some partners at PwC to take measures to shield their assets and even contemplate divorce. This highlights the significant financial repercussions of the property giant's collapse.

Liquidators for the embattled Chinese property developer Evergrande have initiated an $8.4 billion negligence claim against auditing firm PwC.

The Accounting and Financial Reporting Council (AFRC) has fined PwC $38.3 million and imposed restrictions on the firm concerning its audits of Evergrande.

Hong Kong regulators fined PwC HK$300 million for its audits of Evergrande and mandated the firm to set aside HK$1 billion for shareholder compensation.

The founder of the collapsed Chinese property conglomerate Evergrande has pleaded guilty to fraud charges.

The founder of China's embattled Evergrande Group has pleaded guilty to fraud charges, marking a significant development in the company's legal troubles.

The first-instance trial for Evergrande Group, Evergrande Real Estate, and founder Xu Jiayin has concluded, with Xu pleading guilty to charges.