China Evergrande liquidators appointed as receivers over founder's assets
Yahoo Financeยท2025-09-16 10:33
HONG KONG (Reuters) -China Evergrande Group's liquidators have been appointed to identify and preserve the assets of founder Hui Ka Yan, the Hong Kong High Court said in a ruling on Tuesday. Hui, once one of China's richest people, has not been seen in public since he was detained by Chinese authorities in 2023 and has not complied with a court order to disclose his assets in Hong Kong and overseas. Evergrande, the most high-profile casualty of China's prolonged property crisis, began defaulting on some ...