Core Viewpoint - China Evergrande Group, once a leading real estate company, is facing delisting from the Hong Kong Stock Exchange due to failure to meet resumption requirements, with the last trading day set for August 22, 2023 [1] Group 1: Financial Status - Evergrande's total liabilities amount to 2.39 trillion yuan, with 1.78 trillion yuan remaining after excluding contract liabilities [2] - As of July 31, 2023, the total debt claims submitted to the liquidators reached approximately 350 billion HKD (45 billion USD), significantly higher than the last reported debt of 27.5 billion USD in 2022 [2] - The liquidators have only managed to convert about 20 billion HKD (2.55 billion USD) into cash [2] Group 2: Legal Proceedings - The Hong Kong High Court has approved a temporary injunction against assets held by the wife of former executive Xia Haijun, requiring her to appear in court on September 17, 2023 [4] - Evidence suggests that Xia Haijun has been concealing assets in the U.S., including properties and vehicles valued at approximately 24 million USD [4][8] - The court has added Xia Haijun's wife as a party to the lawsuit and has prohibited her from handling the assets [7] Group 3: Executive Background - Xia Haijun, a key figure in Evergrande's rapid expansion, was instrumental in the company's listing on the Hong Kong Stock Exchange in 2009 [8] - His annual salary peaked at 270 million yuan, making him one of the highest-paid CEOs in the industry [9] - From 2008 to 2022, Xia Haijun's total compensation reached 1.855 billion yuan, averaging over 770,000 yuan per day [9][10] Group 4: Asset Recovery Efforts - The liquidators are pursuing approximately 47 billion HKD (6 billion USD) in dividends and compensation from Xia Haijun and other executives [2] - The ongoing legal actions against Xia Haijun and his family members signal a significant effort to recover misappropriated assets [10]
全球追索的恒大“二号人物”浮出水面！夏海钧藏身美国加州尔湾