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Xu Jiayin Once Spent HK$1.3 Billion to Buy Works by Artists Such as Picasso.
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The latest report disclosed by the liquidators of China Evergrande Group further reveals Evergrande's past "lavish spending" expansion methods, including spending approximately HK$1.3 billion to purchase 110 works of art, paying approximately HK$1.2 billion to a US university, and making large-scale investments in multiple fields such as automobiles and real estate.
·New York, United States
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