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恒大前行政总裁夏海钧,被曝藏身美国加州,妻子在美持有资产达1.7亿元
Mei Ri Jing Ji Xin Wen· 2025-08-15 12:07
Core Viewpoint - China Evergrande (03333.HK) is set to lose its listing status starting August 25, with ongoing litigation against its founder Xu Jiayin and other former executives regarding asset disclosures and financial mismanagement [1][3]. Group 1: Legal Proceedings and Financial Claims - The Hong Kong High Court issued a winding-up order for China Evergrande 18 months ago, appointing liquidators to recover debts owed to overseas creditors [3]. - Liquidators are pursuing claims against Xu Jiayin, his ex-wife Ding Yumei, former CEO Xia Haijun, and five other defendants for approximately $6 billion (around 43 billion RMB) in dividends and compensation received from 2017 to 2020 [3]. - The liquidators have also obtained injunctions to restrict the defendants from disposing of or reducing their global assets valued at 60 billion HKD (approximately 55 billion RMB) [3]. Group 2: Financial Mismanagement Allegations - The liquidators allege that the defendants violated their duties by approving financial statements for the years 2018 to 2020, which were later found to be fraudulent [3]. - Evergrande's financial misconduct involved premature revenue recognition, leading to inflated income and profits for 2019 and 2020 [3]. Group 3: Asset Disclosure Issues - Xia Haijun has been uncooperative in disclosing overseas assets, with evidence suggesting his wife holds assets worth $24 million (approximately 170 million RMB) in the U.S. [1][15]. - The court believes Xia Haijun is the actual controller of these assets, despite being registered under his wife's name [14][15]. - The liquidators have successfully added Xia Haijun's wife as a defendant in the case [20].
恒大清盘人据报聘瑞银及中信证券寻找恒大物业买家
Ge Long Hui A P P· 2025-08-13 06:29
Core Viewpoint - The court-appointed liquidators of China Evergrande are seeking potential buyers for its subsidiary Evergrande Property, highlighting significant asset value amid ongoing liquidation proceedings [1] Group 1: Liquidation Process - The liquidators are in discussions with UBS and CITIC Securities regarding the sale of Evergrande Property [1] - Creditors are particularly focused on the handling of Evergrande Property assets, which have a market value of HKD 9 billion and generated revenue of RMB 12.8 billion last year [1] Group 2: Financial Performance - Evergrande's shares have been suspended since the court ordered liquidation in January of the previous year, with a formal delisting scheduled for August 25 [1] - The first progress report from the liquidators indicates that only HKD 2 billion worth of non-core assets have been liquidated, representing less than 1% of the group's total assets as of 2022 [1] Group 3: Challenges in Asset Recovery - The complexity of Evergrande's business operations poses challenges for asset recovery, and the overall value of the liquidation process remains unclear [1] - The liquidators are unable to provide guidance on debt repayment expectations due to the ambiguous nature of the asset and liability values [1]
中国恒大终迎退市 清盘案仍不明朗
Core Viewpoint - China Evergrande Group will officially delist from the Hong Kong Stock Exchange on August 25, 2025, after failing to meet any of the six resumption guidelines set by the exchange, following an 18-month trading suspension [1][2]. Group 1: Delisting and Market Impact - The last trading price for China Evergrande was HKD 0.163 per share, resulting in a final market capitalization of HKD 21.5 billion [1]. - The company has confirmed that it will not seek a review of the delisting decision made by the listing committee [1]. - Following the delisting, the shares will remain valid but will no longer be traded on the Hong Kong Stock Exchange, and the company will not be subject to listing rules [1]. Group 2: Reasons for Delisting - China Evergrande failed to complete any of the six resumption guidelines, which included the withdrawal or lifting of liquidation orders and the publication of all outstanding financial results [2]. - The continuous suspension began on January 29, 2024, and led to the company's delisting [2]. Group 3: Liquidation Process - The liquidation process for China Evergrande is ongoing, with the liquidators stating that the value of the company's assets and liabilities remains unclear, making it difficult to provide guidance on debt repayment expectations [2]. - The liquidators have taken control of over 100 companies associated with China Evergrande, with total asset values estimated at approximately HKD 27 billion, but the realizable amount is uncertain [2]. - To date, the liquidators have managed to realize approximately HKD 2 billion (USD 255 million) in asset sales, with only USD 1.67 billion recovered [2]. Group 4: Legal Actions - The liquidators are pursuing multiple legal actions, including a notable case against seven defendants, including Xu Jiayin, to recover approximately USD 6 billion in dividends and compensation previously paid [3]. Group 5: Industry Context - The real estate sector has seen an acceleration in debt restructuring efforts among distressed companies, with several firms successfully obtaining approval for their restructuring plans, involving a total debt of approximately one trillion yuan [3].
刚刚!中国恒大:退市!
中国基金报· 2025-08-12 12:11
Core Viewpoint - China Evergrande Group is set to be delisted from the Hong Kong Stock Exchange due to its failure to meet the resumption guidelines, with the last trading day on August 22, 2025, and delisting effective from August 25, 2025 [2][6]. Group 1: Delisting Announcement - On August 12, 2025, China Evergrande announced that it received a letter from the Stock Exchange indicating that it failed to meet the resumption requirements, leading to the decision to cancel its listing status [2][6]. - The last trading day for the shares will be August 22, 2025, and they will be delisted on August 25, 2025, at 9 AM [2][6]. - The company has no intention to appeal the decision made by the listing committee [2][6]. Group 2: Financial and Legal Issues - As of January 2024, China Evergrande was ordered into liquidation by the Hong Kong High Court, with debts amounting to 2.4 trillion yuan [10]. - The founder, Xu Jiayin, and several former executives have faced legal actions for financial fraud, resulting in fines and lifetime bans from the securities market for some individuals [9][10]. - The liquidators are pursuing approximately $6 billion in dividends and compensation from Xu Jiayin, his ex-wife, and former executives [11]. Group 3: Market Impact - Prior to the suspension, China Evergrande's stock price was at 0.163 HKD per share, with a total market capitalization of 2.152 billion HKD [7].
恒大突发,8月25日退市!
证券时报· 2025-08-12 12:10
Core Viewpoint - China Evergrande Group will be delisted from the Hong Kong Stock Exchange on August 25, 2025, due to failure to meet the resumption guidelines set by the exchange [1][3]. Group 1 - The last trading day for the company's shares will be August 22, 2025, after which the shares will remain valid but will not be tradable on the exchange [3][4]. - The company has no intention to appeal the decision made by the listing committee regarding the delisting [4]. - The liquidators plan to provide a report to the company's stakeholders outlining the progress of liquidation from January 29, 2024, to July 31, 2025 [4][5]. Group 2 - Evergrande's shares have been suspended from trading since January 29, 2024, following a court-ordered liquidation [5]. - The liquidators are tasked with preserving company assets, returning value to creditors, and investigating the reasons for the liquidation [5]. - Despite some recovery of value from company assets, the liquidators have not identified a restructuring plan that would allow the company to meet the resumption guidelines and avoid delisting [5]. Group 3 - As of August 11, 2023, Evergrande Real Estate Group has been involved in multiple legal cases, with a total execution amount exceeding 2.71 billion yuan related to various disputes [6]. - The company currently has over 590 execution records, with a total amount exceeding 59.2 billion yuan, along with several consumption restrictions and dishonesty records [6].
文业集团(01802) - 有关实施处理不发表意见行动计划的季度最新情况
2025-08-07 14:30
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責,對其準確性或完 整性亦不發表任何聲明,並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 自刊發本公司截至2024年12月31日止財政年度年報中披露本公司已取得位於塞班島的一間酒 店及中國太原市的一個住宅物業項目的裝修及室內裝飾工程(合約總金額約為人民幣 182,685,882元)後,本公司再取得7個中國酒店及娛樂場所的裝修及室內裝飾以及設計項目 (合約總金額約為人民幣84,442,288元)。塞班島及太原市的項目已開始施工,截至本公告日 期仍在進行中。 WenyeGroupHoldingsLimited 文業集團控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號﹕1802) 有關實施處理不發表意見行動計劃 的季度最新情況 茲提述(i)本公司日期為2024年1月2日的公告(「達成復牌指引公告」),內容有關(其中包 括)本公司為處理截至2022年12月31日止兩個財政年度全年業績中對持續經營作出不發表意 見(「不發表意見」)的行動計劃,(ii)本公司截至2024年12月31日止兩個財政年 ...
超5亿港元,33间伦敦豪宅!许家印前妻,传出新消息
凤凰网财经· 2025-06-22 12:36
Group 1 - The article highlights that Xu Jiayin's ex-wife, Ding Yumei, allegedly acquired hundreds of billions in dividends through a "technical divorce" and purchased luxury properties in London for approximately £49.8 million (about HK$5.27 billion) [1][2] - Ding Yumei reportedly purchased 33 units in the Thames City project, with the acquisition occurring in September 2022, nearly a year after authorities urged Xu Jiayin to use personal assets to settle debts [2][3] - Following the court's decision, a global asset freeze order was issued, preventing Xu Jiayin, Ding Yumei, and other executives from handling assets valued at around HK$60 billion, including Ding Yumei's bank deposits and luxury apartments in the UK [4][3] Group 2 - China Evergrande's non-performing assets and debts are being accelerated for disposal, with 12 companies' bad debts totaling approximately 11.3 billion yuan being put up for sale, covering various projects across major cities [7] - Among the disposed debts, one is from Evergrande Real Estate Group, amounting to 1.092 billion yuan, secured by collateral properties in Guangzhou [7] - In January, Evergrande and Xu Jiayin were restricted from high consumption due to a court ruling related to a forced execution of over 6.054 billion yuan [7]
超5亿港元,33间伦敦豪宅!许家印前妻,传出新消息
新浪财经· 2025-06-22 01:04
Core Viewpoint - The article discusses the financial maneuvers of Ding Yumei, the ex-wife of Evergrande's founder Xu Jiayin, who allegedly utilized a "technical divorce" to secure substantial dividends from Evergrande amidst the company's ongoing financial troubles and asset liquidation [1][3]. Group 1: Financial Maneuvers and Asset Purchases - Ding Yumei is reported to have acquired luxury properties in London worth approximately £49.8 million (around HK$5.27 billion) through five offshore companies, following Evergrande's loan default [1][3]. - A court document from January indicates that Ding Yumei purchased 33 units in the Thames City project, with the acquisition date being September 2022, nearly a year after authorities urged Xu Jiayin to use personal assets to settle debts [3][4]. Group 2: Legal Proceedings and Asset Freezing - Following Evergrande's bankruptcy proceedings, the Hong Kong High Court issued a global asset freeze order against Xu Jiayin, Ding Yumei, and other executives, prohibiting them from handling assets valued at approximately HK$60 billion, including Ding Yumei's properties in the UK [4][5]. - Ding Yumei's attempts to amend the asset freeze order and request a closed hearing were denied by the court, which emphasized the public interest in maintaining transparency during the liquidation process [5]. Group 3: Asset Liquidation and Debt Management - Evergrande is accelerating the disposal of its non-performing assets, with 12 companies under the Evergrande umbrella listing bad debts totaling approximately RMB 11.3 billion, covering various projects across major cities [6][7]. - The company has faced restrictions on high consumption due to court rulings related to significant debts, with a forced execution amounting to over RMB 6.054 billion [7].
113亿元!挂牌出售!恒大最新公告
Zhong Guo Jing Ji Wang· 2025-06-10 12:09
Group 1 - Evergrande is accelerating the disposal of its non-performing assets, with 12 companies' bad debts totaling approximately 11.3 billion yuan being put up for sale [1] - The bad debts are held by China Great Wall Asset Management Corporation's Beijing branch, covering projects in major cities such as Beijing, Tianjin, Nanchang, and Chengdu [1] - Specific debts include Beijing Hengfangxing Real Estate with a total debt of 1.387 billion yuan, Zhengzhou Hengzetong Health Real Estate with approximately 1.604 billion yuan, and Wuxi Hengrui Real Estate with about 549 million yuan [1][2][3] Group 2 - The total debt of three related companies in Guiyang amounts to 1.142 billion yuan, all involving collateral and guarantees from Evergrande [4] - Chengdu Jinjianjiang Real Estate has a total debt of 1.675 billion yuan, secured by multiple land parcels and properties [4] - Tianjin Shanshui City Investment and related properties have a combined debt of 2.477 billion yuan, backed by the Tianjin Wuqing Evergrande Shanshui City project [5] Group 3 - CEG Holdings, a subsidiary of Evergrande, has been placed under liquidation, with the Hong Kong High Court appointing joint and individual liquidators [5][7] - As of September 12, 2024, CEG holds approximately 5.368 billion shares of Evergrande Property, representing about 49.65% of the total issued shares [7] - The court ruling restricts participation in the liquidation process to statutory creditors, excluding economic interest holders and shareholders from decision-making [7]
恒大最新!上百亿元不良债权摆上“货架”,涉及多个项目
券商中国· 2025-06-10 01:42
Core Viewpoint - The "Evergrande system" has put 12 companies' non-performing debts on the market, totaling approximately 11.3 billion yuan, with assets spread across major cities and various project types [1][3]. Group 1: Non-Performing Debts - The total amount of non-performing debts from the 12 companies is about 11.3 billion yuan, with all debts held by China Great Wall Asset Management Co., Ltd. Beijing Branch [1][3]. - The projects involved are located in cities such as Beijing, Tianjin, Nanchang, and Chengdu, covering residential, commercial, and cultural tourism sectors [1][3]. Group 2: Specific Debt Examples - In Beijing, a debt from Beijing Hengfangxing Real Estate Co., Ltd. totals 1.387 billion yuan, with principal at 1.186 billion yuan and interest exceeding 200 million yuan [5]. - In Tianjin, one debt from Chengdu Jinjingjiang Real Estate Development Co., Ltd. amounts to 1.675 billion yuan, with principal at 1.48 billion yuan and interest at 195 million yuan [5]. - Another Tianjin debt from Tianjin Shanshui City Investment Co., Ltd. totals 2.477 billion yuan, with principal at 1.366 billion yuan and interest at approximately 59 million yuan [5]. - In Nanchang, a debt from Nanchang Hengfu Real Estate Co., Ltd. totals 604 million yuan, with principal at 510 million yuan and interest at approximately 9.39 million yuan [6]. Group 3: Liquidation Developments - On June 9, China Evergrande announced the appointment of joint liquidators for its subsidiary CEG Holdings, following a court order from the Hong Kong High Court [8]. - The liquidation process aims to preserve the group's assets for the benefit of creditors and other stakeholders [8][11]. - The Hong Kong High Court has ruled that only statutory creditors can participate in the liquidation process, excluding economic interest holders [11].