Some PwC Partners Seek to Protect Assets Over Evergrande Risk

The liquidation of China Evergrande Group, the collapsed property developer, is raising concerns among some partners at its former auditor PricewaterhouseCoopers China about the potential impact on their own finances.

Several partners at PwC’s Hong Kong and mainland China affiliates say they are exploring strategies to safeguard personal assets, in case legal and regulatory challenges facing the firms ever spill over into any financial or legal burdens for themselves. One says he has even contemplated divorce as a means to shield wealth, while another is cutting education budgets for his children.

A couple of former senior leaders at the ...