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The Wall Street Publication > Blog > Markets > Evergrande Never Received a Warning From Its Auditor
Markets

Evergrande Never Received a Warning From Its Auditor

Editorial Board Published September 24, 2021
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Evergrande Never Received a Warning From Its Auditor
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Last year as China Evergrande Group ’s stock and bond prices seesawed, it offered deep discounts to keep sales growing during the pandemic and the government effectively said it had borrowed too much.

Yet the property developer’s auditor gave it a clean bill of health in an annual report issued this spring.

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