Core Points - The Hong Kong High Court has appointed the liquidator of China Evergrande Group as the receiver of assets related to Xu Jiayin's family, with a global injunction prohibiting the disposal of assets valued up to $7.7 billion (approximately RMB 55 billion) [1] Group 1: Legal Proceedings - The liquidator's request to freeze Xu Jiayin's family assets involves 33 offshore companies and seven bank accounts held in Xu's name or through offshore entities [4][5] - The High Court has allowed the liquidator to take control of these offshore companies, and the related bank accounts have been frozen [4] - Xu Jiayin is required to disclose all assets valued over HKD 50,000, including those held in his name or others, but he has not complied with this order [7] Group 2: Asset Details - The assets under the liquidator's control include properties in Hong Kong, the UK, and the US, as well as luxury items such as private jets, luxury cars, and yachts [5] - Specific luxury vehicles mentioned include two Rolls-Royce Phantoms with license plates linked to Evergrande's stock code [5] Group 3: Trust Fund Implications - There are concerns that the High Court's actions may indicate that Xu Jiayin's overseas trust, established with $2.3 billion (approximately RMB 16.38 billion), could be penetrated [9] - The trust was intended for family wealth preservation and protection against debt risks, but the court may view it as a means to hide assets [10][11] - Legal precedents suggest that if a person retains control over a trust's assets, the court can freeze those assets despite their formal placement in a trust [10][12]
香港高院判决:许家印550亿元资产被冻结、接管!160亿元境外家族信托被击穿?律师解读
Mei Ri Jing Ji Xin Wen·2025-10-10 11:42