As of June 3, PricewaterhouseCoopers LLP (PwC), one of the world’s Big Four accounting firms, had lost the top 19 of its 107 clients listed on China’s A-share market, including PetroChina, People’s Insurance Co. of China, China Merchants Bank, China Railway Group Ltd. and some other Fortune Global 500 companies, accounting for more than 25 percent of PwC’s business revenue in China.
A-shares are the stocks of incorporated companies based on
