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. 
 

‘Gradual’ IPO market recovery seen in second half: PwC

IPO fundraising continued to be slow in the first half of the year. 
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‘Gradual’ IPO market recovery seen in second half: PwC

IPO fundraising continued to be slow in the first half of the year. 
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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

Total AUM may still grow amidst rise in China’s wealth: PwC, AIMA

Between 2009 and 2020, China’s wealth rose twelvefold.

IPO market to regain momentum in H2 2022

For the whole year, PwC expects Hong Kong to raise between $180m to $200m.

HKEX to attract high-quality US-listed Chinese firms: PwC

Overall market capitalisation in Hong Kong reached $42t in 2021.

Entertainment, media revenue growth to slow down anew: PwC

The compound annual growth rate will be slower than the global rate.

HK CEOs less optimistic about economic growth than their global counterparts

Executives' confidence in their revenue growth also declined.

Prepare to go cashless or pay the price

One in three consumers will abandon a purchase if they cannot pay for it digitally.

Here's why 2022 is going to be a ‘slightly’ worse year for retail in HK

Retail sales growth is expected to be lower in 2022 at 7%.

Should Hong Kong’s brick-and-mortar retailers ride the e-commerce wave?

Surprisingly, retailers will need to cater more to the 62.1% of Hong Kongers who prefer to shop in-store.