Deloitte LLP will spend more than $100 million to develop its Hong Kong arm—the latest sign that the Big Four accounting firms are bullish on growth in the world’s second-largest economy.
Deloitte will invest 1 billion Hong Kong dollars ($128 million) into its Hong Kong office over the next three years, it said Tuesday. The money will be spent on expanding its presence in the Greater Bay area of Guangdong, Hong Kong and Macau. Its Big Four rival PwC on Nov. 5 announced a $1 billion investment into China under which it said it would create 20,000 new jobs by ...
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