Core Viewpoint - The Hong Kong High Court has ordered the liquidators of China Evergrande to take control of Xu Jiayin's assets, issuing a global injunction against the disposal of assets valued at up to $7.7 billion [1][2]. Group 1: Legal Proceedings - The court appointed liquidators Huang Yongshi and Du Aidi as receivers to manage Xu Jiayin's assets, emphasizing that the appointment is necessary to assist in locating and controlling assets subject to the injunction [1][3]. - Xu Jiayin's legal team argued that the appointment of a receiver was too drastic and would interfere with his private affairs, but the court rejected this claim [2]. - The court has mandated Xu Jiayin to disclose all assets valued over HKD 50,000, which he has failed to comply with, leading to a finding of contempt of court [3]. Group 2: Asset Overview - The assets under Xu Jiayin's control include luxury properties, vehicles, private jets, and a significant number of offshore companies, some of which are not tied to Evergrande's financing obligations [4]. - As of July 2025, China Evergrande's total debt exceeds RMB 2 trillion, and it has been delisted from the Hong Kong Stock Exchange due to regulatory non-compliance [4]. - The liquidators reported that as of July 2025, China Evergrande has only $255 million in liquid assets abroad, with direct realizable assets amounting to just $11 million, highlighting a significant shortfall compared to its massive debts [4].
彻底清算许家印!全球77亿美元资产被冻结
3 6 Ke·2025-09-16 06:02