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宗氏信托设立时间线首披露!宗馥莉五条强硬立场曝光
2 1 Shi Ji Jing Ji Bao Dao·2025-08-01 14:47

Core Viewpoint - The Hong Kong High Court's ruling on the Zong family trust case, involving assets worth up to $2.1 billion, clarifies the trust's establishment timeline and addresses long-standing speculations by disclosing key documents [1][12]. Timeline of Trust Establishment - In January 2024, Zong Qinghou issued a handwritten directive for the establishment of trusts for Zong Jichang, Zong Jieli, and Zong Jisheng, each valued at $700 million, to be set up at HSBC Bank [2]. - On February 2, 2024, Zong Qinghou and Zong Fuli signed a power of attorney, designating Zong Fuli as the settlor for the offshore trusts and outlining key terms regarding beneficiaries and asset management [4]. - On February 25, 2024, Zong Qinghou passed away [6]. - On March 14, 2024, Zong Fuli and the other beneficiaries confirmed the trust's establishment, with a total initial value of $2.1 billion, structured as an irrevocable trust [7]. Dispute Over Trust Establishment - The dispute arose over the trust's asset scope, trustee authority, and establishment progress, with the plaintiffs accusing Zong Fuli of delaying the process and acting with hostility towards them [8][9]. - Zong Fuli's defense claimed that the disagreements were the root cause of the delays and that she had not acted against the terms of the agreements [10][11]. Court Ruling and Asset Preservation - On August 1, 2024, the Hong Kong High Court approved the plaintiffs' request for asset preservation, imposing restrictions on approximately $1.8 billion in HSBC accounts until a final ruling is made by the courts in Hangzhou [12].