HONG KONG -- GMT Research, the accounting research firm that took on PwC over its auditing of embattled developer China Evergrande Group, says it will no longer do on-the-ground investigations in mainland China, as a new state secrets law has sown uncertainty.
Hong Kong security law
Evergrande audit critic GMT says China research trips now too risky
Analysts feel 'like frogs being boiled' as state secrets and other laws sow doubt
A woman walks past an Evergrande development in Beijing in September 2023. © Reuters
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