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HK court puts Evergrande liquidators in charge of founder’s fortune

Summary by China Economic Review
A Hong Kong court has ordered China Evergrande Group chairman Hui Ka Yan—whose name is Xu Jiayin in Mandarin—to relinquish control of his worldwide assets to the property developer’s court-appointed liquidators, intensifying a complex, years-long effort to recover billions for creditors, reports Caixin. According to a court document dated Sept. 16, the High Court designated […]
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China Economic ReviewChina Economic Review

HK court puts Evergrande liquidators in charge of founder’s fortune

A Hong Kong court has ordered China Evergrande Group chairman Hui Ka Yan—whose name is Xu Jiayin in Mandarin—to relinquish control of his worldwide assets to the property developer’s court-appointed liquidators, intensifying a complex, years-long effort to recover billions for creditors, reports Caixin. According to a court document dated Sept. 16, the High Court designated […]

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China Economic Review broke the news in on Monday, October 13, 2025.
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