The huge Chinese property developer has significant financial problems with debts of more than $300bn (£244bn) and faces a liquidation threat to the Hong Kong part of the business. Thousands of apartment buyers who invested in Evergrande properties in China face an uncertain future as their properties remain unfinished.

PwC was auditor of the group for more than a decade until January 2023 when the firm resigned the audit contract after disagreements with Evergrande related to the unreleased 2021 financial accounts.