Core Viewpoint - The article discusses the legal troubles surrounding China Evergrande Group, particularly focusing on former CEO Xia Haijun, who is accused of concealing overseas assets and is currently facing lawsuits related to the company's financial mismanagement [1][3][10]. Group 1: Legal Proceedings - China Evergrande is facing a lawsuit from its liquidators against seven defendants, including founder Xu Jiayin and Xia Haijun, seeking to recover approximately $6 billion (around 43 billion RMB) in dividends and compensation received from 2017 to 2020 [3][10]. - The Hong Kong High Court has issued injunctions preventing the defendants from disposing of or reducing their global assets valued at around 60 billion HKD (approximately 55 billion RMB) [3][10]. - The liquidators allege that the defendants violated their responsibilities by approving financial statements that led to significant financial misreporting [3][10]. Group 2: Asset Concealment Allegations - Xia Haijun's wife reportedly holds assets worth $24 million (approximately 170 million RMB) in California, including three properties and four vehicles, which the liquidators believe are controlled by Xia [8][10]. - The court has found evidence suggesting that Xia Haijun has been living in California and has been concealing various assets, indicating a serious risk of asset loss [10][11]. - The Hong Kong High Court has approved the addition of Xia's wife as a defendant and has issued a temporary injunction against her assets, requiring her to appear in court [13][14].
恒大前行政总裁夏海钧,被曝藏身美国加州而非加拿大!他妻子在美持有资产达1.7亿元