你以为恒大在暴雷以后，只有许家印一个人在转移资产吗？ 错了。背后还有另外一个隐形大佬啊！也是恒大曾经的二把手，更是一个年薪两亿"打工皇帝"的神秘富豪，近日就试图转移其600亿港元的资产，被香港法 院驳回，维持冻结其600亿港元的资产并且禁止其处置豪宅收益的"全球玛瑞瓦禁令"，不得再提复议。 那么这个人到底是谁呢？那就是恒大的前总裁夏海钧！可以说，曾经恒大背后的那些操盘手，现在还在一个一个的往外扒啊。 整件事情的导火索，还要回溯到2024年6月，当时恒大的清盘人发现，这位前总裁正在急匆匆地、宁愿亏本7800万港元，也要甩卖他在香港价值上亿元的柏 傲山复式豪宅。 这种近乎"骨折价"的套现，触动了清盘人最敏感的神经——那就是他想跑！于是，为了防止被告人转移资产、确保判决能够执行的"全球玛瑞瓦禁令"就迅速 发出了，进而牢牢的锁定了夏海钧在香港高达600亿港元的资产。 从此，夏海钧和他的律师团队就开启了漫长的上诉拉锯战，从原讼法庭到上诉法庭，他们四次发起挑战，又四次被法院断然驳回。法院的态度一次比一次坚 决，直到最后关上所有法律上的后门。 这条屡战屡败的上诉路，恰恰证明了他转移资产的意图在法官眼中有多么的明显，而香港司 ...

《BUG》栏目从多位茶里员工了解到，自2024年6月起，茶里开始出现工资延发情况，截至2026年1月，已有过百名员工被拖欠工资和公 积金，有员工表示被欠薪金额超10万元。 与此同时，2025年12月，广州茶里集团有限公司在多宗新增的执行案件中成为被执行人，其中一宗案件中执行标的金额多达1.41亿元。同 样在去年，多家茶里关联公司已经成为失信被执行人，茶里创始人谭琼也被限制高消费。 对于茶里而言，这背后究竟发生了什么？ 公司无可供执行财产 近日，一则来自法院的"终本"通知，让茶里讨薪员工的希望再次落空。执行裁定书显示，经法院调查，茶里旗下的广州众森食品有限公司 （以下简称"众森食品"）无可供执行的财产，因此终结执行程序。这意味着，员工们通过法律途径追讨欠薪的努力暂时陷入了僵局。 2022年入职茶里的李明（化名）也是被欠薪的一员，至离职时他被拖欠工资和公积金共计超过10万元。据他估算，从工厂工人到中台、销 售等部门，被拖欠薪资的员工保守估计超过百人。 文 | 《BUG》栏目 徐苑蕾 曾经的电商袋泡茶TOP1品牌CHALI茶里，如今却深陷经营泥潭。 近日，有茶里员工收到法院通知，经法院调查，茶里公司无可供执行的财产 ...

曾经掌控恒大集团巨资被称为"恒大财神爷""恒大'二把手'""新打工皇帝"的集团前总裁夏海钧在恒大爆 雷后一直试图以各种理由转移资产，尤其是其在香港的价值高达600亿港元的财产。 但1月2日，香港上诉法庭已就恒大集团与前总裁夏海钧的全球玛瑞瓦禁令（一种诉讼保全措施，旨在通 过冻结被告财产防止其转移资产，确保判决执行）上诉案作出裁决，再次驳回夏海钧针对2025年2月原 讼法庭判决的上诉许可申请，维持限制其将香港司法管辖区内价值高达600亿港元的任何资产转移出香 港及处置香港柏傲山物业出售收益的禁令。 这一禁令覆盖范围精准锁定高价值资产，从源头遏制了资产转移的可能。值得注意的是，这项禁令的出 台并非偶然，其直接导火索是夏海钧的异常资产处置行为。 2024年5月，继许家印出售一处香港豪宅后，夏海钧也对其名下的一处香港豪宅进行挂牌出售。2024年6 月14日，清盘人发现，夏海钧拟出售其于2019年购置的一处位于香港柏傲山的复式别墅，转让价格为 8200万港元，本次转手需大幅亏损7800万港元离场，贬值近5成。 据报道，夏海钧2019年从新世界集团购入该套房产，连同三个车位总价合计约1.6亿港元。这种非理性 的亏损抛售行 ...

Core Insights - The article discusses the rise and fall of Xia Haijun, a key figure in Evergrande Group, highlighting his strategic role during the company's expansion and subsequent financial crisis [1][3][4]. Group 1: Xia Haijun's Role in Evergrande's Growth - Xia Haijun joined Evergrande in 2007 as Vice Chairman and President, contributing significantly to the company's strategic planning and financial management [1][4]. - Under his leadership, Evergrande successfully went public in Hong Kong in November 2009, which marked a significant milestone for the company and its founder Xu Jiayin [6][10]. - The company experienced rapid expansion into various sectors, becoming the largest real estate company globally, driven by Xia's expertise [6][8]. Group 2: Financial Gains and Wealth Accumulation - Xia's income was closely tied to Evergrande's performance, with his annual earnings soaring from approximately 4.96 million RMB in 2008 to nearly 298 million RMB in 2018 [10][12]. - Over 13 years, Xia earned a total of 1.638 billion RMB from Evergrande, with over 1.4 billion RMB coming from salary alone [12]. Group 3: Crisis Management and Exit Strategy - As Evergrande faced a debt crisis starting in 2021, Xia's absence from key meetings raised suspicions about his involvement [14][16]. - Prior to the crisis, Xia executed a strategic sell-off of assets, including selling bonds and shares, totaling approximately 1.187 billion RMB, which was seen as a preemptive move to mitigate losses [19][23]. - Following the company's financial troubles, Xia was reported to have relocated overseas, with his whereabouts becoming a subject of investigation [25][28]. Group 4: Legal and Financial Investigations - After Evergrande entered liquidation, investigations revealed that Xia had significant assets hidden in the U.S., including properties and a trust fund managed by his wife [35][39]. - The Hong Kong High Court has initiated legal actions against Xia and others to recover potentially misappropriated assets, with a temporary injunction placed on his wife's assets amounting to 17 million RMB [43][45]. - Regulatory bodies in China have also indicated intentions to pursue legal actions against Xia, suggesting ongoing scrutiny of his financial dealings [49].

Core Viewpoint - The article discusses the cyclical nature of investment strategies in the A-share market, particularly the effectiveness of value investing versus growth investing over different market cycles [3][4][6]. Group 1: Market Trends - A-shares have experienced style rotation, where value investment strategies do not always yield consistent results, leading to investor impatience and abandonment of these strategies during underperformance periods [3][4]. - In the bull market from 2019 to 2021, growth stocks significantly outperformed value stocks, with the CSI 300 Growth Index rising over 150%, while the CSI 300 Value Index saw only a slight increase [3]. - Post-2022, value strategies began to recover in the A-share market, indicating a potential shift back to value investing [4][5]. Group 2: Investor Behavior - The article highlights that during periods when a particular investment strategy underperforms, it tests the patience of investors, which can lead to significant capital outflows from value-focused funds [3][6]. - The concept of "asset transfer from the impatient to the patient" is emphasized, suggesting that those who remain committed to value investing may benefit in the long run, as many investors lack the necessary patience [6].

Core Viewpoint - The article highlights the contrasting lives of former Evergrande president Xia Haijun and another fugitive, Chen Xuanlin, who have both escaped to the U.S. amid financial scandals, reflecting a broader narrative of greed and evasion of accountability [2][11]. Group 1: Xia Haijun's Background and Actions - Xia Haijun, once a prominent figure in Evergrande with a peak annual salary of 270 million yuan, has largely disappeared from public view following the company's financial collapse, only to resurface in California [5][8]. - He purchased a property in California for $1.2 million in 2011, which has appreciated to over $3.2 million, and has since transferred ownership to his wife, indicating premeditated asset protection [7]. - Despite Evergrande's staggering debt of 2.39 trillion yuan and the suffering of investors and homeowners, Xia enjoys a luxurious lifestyle in the U.S., seemingly detached from the consequences of his actions [8][11]. Group 2: Chen Xuanlin's Background and Actions - Chen Xuanlin, known for his rapid rise in the investment sector, faced legal issues for illegal fundraising, with over 30 billion yuan involved, leading to significant financial losses for investors [9]. - He orchestrated his escape from China through a series of strategic moves, including a boat trip to Southeast Asia, ultimately settling in California where he owns a Mediterranean-style villa valued at over $10 million [9]. - Both Xia and Chen exemplify individuals who have managed to evade accountability while enjoying the fruits of their questionable financial practices, highlighting a systemic issue within the industry [12][13].

Core Insights - The discussion surrounding the overseas wealth transfer of the Zong Qinghou family, once regarded as "China's richest," has gained significant public attention due to their substantial asset movement [1][8] - The Zong Qinghou family holds assets exceeding 15 billion RMB, including luxury properties in Los Angeles, Boston, and Hong Kong, alongside various trusts and equity holdings [1][4] - The family's primary business, Wahaha beverage series, mainly operates in mainland China, raising questions about the methods employed for their wealth accumulation and overseas asset transfer [1] Group 1: Wealth Accumulation and Transfer Methods - The Zong Qinghou family has a long history of overseas asset allocation, starting with the establishment of a company in California in 1992, which facilitated their application for U.S. green cards [1][2] - The family has utilized various strategies for fund transfer, including partnerships with foreign companies like Danone, which yielded significant returns, and the establishment of offshore companies to enjoy tax benefits [2][6] - The family’s real estate holdings in California, such as the San Marino estate and Los Altos Avenue villa, along with high-end properties in Hong Kong, not only reflect their wealth but also facilitate overseas fund transfers [4][6] Group 2: Challenges and Internal Issues - The Zong Qinghou family faced challenges, including tax issues with the IRS due to failure to report global income, leading to tax liabilities and penalties [6] - Internal disputes over family wealth have highlighted deficiencies in their asset management and inheritance arrangements [6] - Despite these challenges, the family's sophisticated asset management strategies and structural designs have been impressive, showcasing their adeptness in wealth transfer [6][8]

Core Insights - The wealth transfer issue of the Zong Qinghou family, once regarded as "China's former richest," has sparked widespread public interest, particularly regarding how they managed to transfer substantial funds overseas under strict foreign exchange controls [1][5] Group 1: Wealth and Assets - The Zong Qinghou family possesses significant overseas assets, including luxury properties in Los Angeles, Boston, and Hong Kong, with a total value exceeding 15 billion RMB [1][3] - Their beverage products primarily sell in mainland China, raising questions about how such wealth accumulation is supported by overseas sales [1] Group 2: Historical Context and Strategies - The family's overseas expansion dates back to 1992 when Zong Qinghou registered a company in California and subsequently applied for a U.S. green card, which was granted to him and his family in 1999 [1] - Despite later relinquishing the U.S. green card due to tax issues, the family's frequent changes in identity have facilitated asset diversification [1] Group 3: Mechanisms of Fund Transfer - The family has utilized various strategies for fund transfer, including foreign cooperation income and offshore structures, notably through a partnership with France's Danone Group, which provided substantial income [1][5] - They have also invested in domestic enterprises via offshore companies, converting some into foreign-funded entities to benefit from tax incentives and legally transferring domestic profits abroad through dividends [1][5] Group 4: Challenges and Considerations - The asset transfer process has not been without challenges, as Zong Qinghou faced penalties for failing to report global income to the U.S. tax authorities, highlighting vulnerabilities in asset management and inheritance arrangements within the family [5] - Despite these challenges, the family has demonstrated remarkable skill in asset maneuvering and structural design, prompting public reflection on wealth management and asset transfer complexities [5][7]

Core Viewpoint - The article reveals the extravagant lifestyle of Xia Haijun, the former president of Evergrande, who has been living in luxury in California after the company's financial collapse, sparking public outrage over the stark contrast between his wealth and the struggles of ordinary people affected by the company's downfall [1][3]. Group 1: Xia Haijun's Wealth and Lifestyle - Xia Haijun is living in Irvine, California, owning at least three luxury properties valued over $24 million, equivalent to approximately 170 million RMB [3]. - His properties include a 300 square meter home purchased for $1.2 million, now worth $3.2 million, a $6 million property bought in April 2022, and a $14.5 million estate acquired through a trust [3]. - His garage features multiple luxury vehicles, including three Teslas and a Mercedes SUV, indicating a lavish spending pattern [3]. Group 2: Source of Wealth - Xia Haijun accumulated significant wealth during his 12 years at Evergrande, earning approximately 1.855 billion RMB from salary, bonuses, stock dividends, and service fees from related companies [5]. - Notably, he charged over 50 million RMB annually for financial advisory services through an offshore company, showcasing a potential conflict of interest [5]. Group 3: Asset Concealment and Legal Issues - Prior to Evergrande's collapse, Xia sold $128 million in Evergrande bonds, cashing out $56.52 million, indicating a premeditated exit strategy [7]. - He has been accused of asset concealment, only declaring three properties in Hong Kong while hiding other assets, leading to legal actions against him [7]. - The Hong Kong court has frozen assets under his wife's name, and cross-border recovery procedures have been initiated by mainland judicial authorities [7]. Group 4: Public Reaction and Social Implications - The stark contrast between Xia's luxurious lifestyle and the plight of Evergrande's creditors, including homebuyers and construction workers, has triggered public anger and highlighted social injustice [7]. - Xia's actions serve as a cautionary tale about the consequences of unethical financial practices, suggesting that ill-gotten gains may eventually be reclaimed [9].

Core Viewpoint - Recent rumors suggest that Lei Jun, through Wells Fargo's Mao Chen Yue, transferred $5 billion overseas, igniting public concern and scrutiny towards Xiaomi and its founder [1][7]. Group 1: Rumor Details - The rumor claims that Lei Jun transferred $5 billion, which is approximately 36 billion RMB, raising questions about potential asset flight [7][9]. - The involvement of Mao Chen Yue, a Wells Fargo executive recently restricted from leaving China due to a criminal case, adds credibility to the rumor [9][11]. Group 2: Public and Media Reaction - Lei Jun's actions have historically attracted significant media attention, with both positive and negative implications for Xiaomi [3][5]. - Negative incidents, such as the SU7 car accident and the SU7 Ultra return controversy, have led to increased scrutiny and pressure on Lei Jun and Xiaomi [5][11]. Group 3: Company Response - Xiaomi's public relations manager, Wang Hua, denied any collaboration with Wells Fargo or Mao Chen Yue, asserting that the claims of asset transfer are unfounded [11]. - The company emphasized that any legitimate business transactions should not be labeled as "asset transfer" or "comprador" without evidence [11]. Group 4: Background on Mao Chen Yue - Mao Chen Yue, born in Shanghai and educated at Fudan University, has a history with Wells Fargo, where she rose to the position of Managing Director [13]. - The bank has faced significant penalties in the past for various misconducts, raising concerns about its operations and the implications of its executives' actions [13][14].