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Xu Jiayin's Ex-Wife's Massive Offshore Assets Frozen, Involving Bank Accounts in Four Locations | Hong Kong High Court
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Ding Yumei is the ex-wife of Xu Jiayin, founder of Evergrande Group. The Hong Kong High Court recently approved expanding the scope of the asset freeze on Ding Yumei to include bank accounts in four locations, including Canada and Singapore. Although the liquidators have made some progress in recovering US$6 billion in debt, the repayment of funds remains a long way off.
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