PwC
PwC is a network of firms in 156 countries with over 295,000 people provides assurance, advisory and tax services. See below for the Latest PwC News, Analysis, Profit Results, Share Price Information, and Commentary.
HKEX implements ISSB climate disclosures, enhancing transparency
This is seen to solidify Hong Kong’s standing as a prominent financial hub.
HKEX implements ISSB climate disclosures, enhancing transparency
This is seen to solidify Hong Kong’s standing as a prominent financial hub.
PwC and Xalts partner to promote tokenization in finance
The deal will allow both parties to leverage on business opportunities in blockchain technology.
Experts call for stronger tax reliefs for individuals, enhanced family office tax breaks
An expanded family office tax concession regime seen propelling the city as global capital hub.
ESG disclosures of Hong Kong-listed companies have matured: report
In 2022, no companies were labeled underdisclosed as opposed to 3.5% in 2021.
6 steps to HK’s resurgence
PwC said the city still faces strong headwinds including slower-than-expected recovery of the Chinese Mainland economy.
Entertainment and media veterans need not fear generative AI – expert
Media expert says AI technology will even benefit senior practitioners in E&M industry.
Retail sales to grow 17% YoY in 2023 – PwC
This is equivalent to HK$408b.
Hong Kong employees express dissatisfaction with their jobs, salaries: study
Of 1,000 employees, only 30% said that they find fulfillment in their jobs.
Government shields Hong Kong’s local MNEs from EU’s tax defensive measures
Hong Kong introduces foreign source income exemption regime (FSIE) to benefit local MNEs if certain requirements are met.
‘Gradual’ IPO market recovery seen in second half: PwC
IPO fundraising continued to be slow in the first half of the year.
Budget 2023: Gov’t balances fiscal prudence with support amid rising costs
An expert from PwC said the budget was “well-calibrated.”
Hong Kong retail sales to climb by 13% in 2023: report
It is projected to amount to HK$395b (approximately US$50.3b).
Hong Kong fiscal deficit may reach $109b for FY2022/23: PwC
Spending will remain high due to the pandemic and geopolitical tensions.
High-profile crypto failures in 2022 drive stricter tax reporting
Tax reporting for crypto is rapidly becoming a global phenomenon.
Hong Kong’s IPO funds to grow ‘nearly double’ in 2023
It is expected to reach between $180b-$200b, the PwC reported.
Market uncertainty raises doubts on supply chain resilience, sustainability
Michael Cheng observed that manufacturers are scrambling to reconfigure their entire supply chain to stay relevant, agile, and competitive
Hong Kong retail sales likely to reach $370b in 2022
This reflected a 5% year-on-year growth.
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Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption