PwC lost over 300 million Hong Kong dollars in contracts with listed companies in the past month.

Two major component stocks of the Hang Seng Index in Hong Kong, AIA Insurance and Link REIT, terminated contracts with PricewaterhouseCoopers, one of the Big Four accounting firms, consecutively in the past two days. According to media reports, in the past month, PricewaterhouseCoopers has terminated contracts with a total of 16 listed companies in Hong Kong, resulting in a total annual loss of 330 million RMB in fees.