The History of PricewaterhouseCoopers on the China Coast

1902				Arthur Lowe registers on 2 June as Hong Kong's first professional accountant.
1903				Joseph Bingham joins Lowe.
1906				Lowe & Bingham opens a Shanghai office in Museum Road.
1909				Frederick Matthews of Shanghai becomes a partner of the firm, now called Lowe, Bingham & Matthews.
1909-1914				Offices opened in London, Singapore and Tientsin.
1924				Lowe passes away on 31 May from typhoid fever - John Fleming takes over.
1935				Hong Kong partners buy out Matthews' share of Hong Kong practice. Hong Kong and Shanghai become "separate but parallel practices".
1945				Hong Kong office reopens in September, Fleming having hidden books and records just before his internment in December 1941.
1946				Lowe, Bingham & Thomsons is formed in Shanghai, works closely with Price Waterhouse & Co. Hong Kong firm becomes correspondent for PW.
1949				LB&T Shanghai opens an office in Tokyo.
1956				China offices close, LB&M Singapore absorbed into Cooper Brothers.
1962				Sanford Y.T. Yung registers Sanford Yung & Co on 1 March.
1962				LB&T Tokyo merges with PW, which takes over LB&T Kobe in 1966.
1965				Sanford Yung & Co. becomes a member of Coopers & Lybrand.
1974				LB&M becomes a member of PW International.
1979-1992				Both PW and C&L enter the PRC under the Open Door Policy. PW reopens in Shanghai.
1998				International merger between PW and C&L results in formation of PricewaterhouseCoopers Hong Kong, with head office in Prince's Building and space being taken to accommodate merged legacy staff in Cheung Kong Center. Patrick Paul is Senior Partner of PwC Hong Kong.
2001				Silas S.S. Yang becomes Senior Partner of PwC Hong Kong on 1 July.
2002				The centenary is celebrated on 2 June of the first professional accounting practice in Hong Kong, which expanded along the China Coast and in Singapore and Japan. PwC firms in Hong Kong and China merge and then combine with the Hong Kong and China practices of Andersen.