Hong Kong audit regulator expands probe into Evergrande's property services unit

Hong Kong audit regulator expands probe into Evergrande's property services unit

FILE PHOTO: The China Evergrande Centre building sign is seen in Hong Kong, China. August 25, 2021. REUTERS/Tyrone Siu/File Photo

Hong Kong‘s audit regulator said on Monday it has initiated an enquiry into the financial statements of China Evergrande Group’s property services unit and its former auditor after questions were raised following the developer’s probe into seized deposits worth $2 billion of the unit.