The liquidators of China Evergrande Group are seeking 57 billion yuan (US$8.4 billion) from three PricewaterhouseCoopers (PwC) entities in one of the largest corporate lawsuit claims in Hong Kong, arguing the firm’s global coordinating arm assumed responsibility for audits linked to the collapsed developer’s accounting scandal. Evergrande’s liquidators, Tiffany Wong and Eddie Middleton of Alvarez…
Hong Kong’s workforce lags behind regional peers in the frequent use of AI, a sluggish adoption rate that experts say is limiting pay rewards and job security even as companies prepare to trim entry-level roles. A 2025 survey conducted by PricewaterhouseCoopers (PwC) released on Thursday found that half of Hong Kong respondents were infrequent users…
In a call to action for greater investment to accelerate the development of blockchain infrastructure, industry group Web3 Harbour and accounting firm PwC Hong Kong released the “Hong Kong Web3 Blueprint” on Monday, capitalising on recent momentum in the city. Highlighting the “transparency, security, and user empowerment” of decentralisation, the blueprint seeks to leverage what…