Core Viewpoint - The article discusses the significant developments in the liquidation process of Evergrande, highlighting the global pursuit of assets by creditors and the challenges faced in enforcing asset recovery across multiple jurisdictions [3][6]. Group 1: Global Debt Recovery - Evergrande's liquidation team has been authorized to escalate the injunction against Ding Yumei, expanding the litigation scope to multiple jurisdictions including Jersey, Gibraltar, Canada, and Singapore, targeting her overseas assets totaling over $220 million [5][10]. - The Hong Kong High Court's ruling marks a shift from regional debt recovery to a global pursuit, allowing creditors to engage in cross-border legal actions to freeze and execute claims on assets [7][13]. - Ding Yumei's overseas assets include approximately CAD 100 million in a Canadian bank, $71 million in a Singapore bank, $57.6 million in a Gibraltar bank, and £675,000 in a Jersey bank, collectively exceeding $220 million [10][11]. Group 2: Challenges in Asset Recovery - The liquidation team faced difficulties in enforcing the injunctions, as some banks required local court orders for compliance, highlighting the complexities of international legal frameworks [11][12]. - Ding Yumei has raised multiple defenses against the claims, arguing the unfairness of simultaneous lawsuits across jurisdictions and asserting that she has not transferred or squandered her assets [12]. Group 3: Other Key Figures and Assets - Xia Haijun, a former key figure at Evergrande, has been identified as living in California, with significant family assets including properties valued at approximately $24 million [15][16]. - The liquidation team is pursuing claims against Xia Haijun and others for dividends and compensation totaling around $6 billion from 2017 to 2020, while also seeking to restrict their ability to dispose of global assets [18]. Group 4: Evergrande's Financial Situation - Evergrande's automotive division has reported liabilities of approximately CNY 72.54 billion, with a staggering debt-to-asset ratio of 208%, and a significant drop in revenue of 75.17% year-on-year [20]. - The company is exploring the sale of its property management division, which has seen its market value plummet from approximately HKD 206.47 billion to around HKD 15.5 billion, raising concerns about the actual recovery amount for creditors [22][23].
许家印前妻，这回真躲不掉了