Workflow
宗庆后的遗嘱曝光!十个关键问题读懂案件
Mei Ri Jing Ji Xin Wen·2025-08-02 06:05

Core Viewpoint - The ongoing legal dispute over an $18 billion inheritance involving the Wang family has seen a recent development, with the Hong Kong High Court issuing a ruling that primarily serves as a procedural measure rather than a substantive judgment on the trust issues at stake [1]. Group 1: Legal Proceedings - The Hong Kong High Court's ruling is a temporary injunction that prevents the defendant, Zong Fuli, from withdrawing or mortgaging assets, but does not determine the substantive issues of trust rights and distribution, which are being addressed in mainland courts [2]. - The ruling will remain in effect until the mainland court resolves the case filed by the plaintiffs, the Zong siblings [2]. Group 2: Trust Establishment - Zong Qinghou had plans to establish three offshore trusts for his children, but these trusts have not been set up as Zong Fuli has not acted on the agreement signed shortly before Zong Qinghou's death [3]. - The initial trust was intended to have a total value of $2.1 billion, with each sibling receiving $700 million, and the trust's income to be distributed as interest while the principal remains intact [5]. Group 3: Dispute Dynamics - A prior agreement between Zong Fuli and the Zong siblings included provisions for establishing the offshore trust in exchange for the siblings not contesting the validity of Zong Qinghou's will [4]. - Zong Fuli has attempted to include her own children as beneficiaries in the trust, indicating a potential conflict of interest [11]. Group 4: Financial Implications - If the trust is established, each sibling could receive approximately 250 million RMB annually based on a 5% interest rate on their share of the trust [8]. - Zong Fuli has withdrawn $1.085 million from the HSBC account, which she claims is consistent with past practices during Zong Qinghou's tenure as director of the holding company [12]. Group 5: Key Legal Issues - The plaintiffs are seeking confirmation that the assets in the HSBC account are part of the trust and that Zong Fuli has fiduciary responsibilities regarding these assets [9]. - The plaintiffs also demand compensation for any unauthorized asset transfers, which are currently estimated at $1.085 million [10].