Group 1 - The recent court ruling allows the liquidator of Evergrande to take over Xu Jiayin's assets due to the risk of asset loss or dissipation, as Xu's family has not complied with court orders [2] - Xu Jiayin's total assets are estimated at approximately $7.7 billion, equivalent to 55 billion RMB, including luxury properties, cars, private jets, yachts, bank deposits, and company shares [2][7] - The assets include three luxury houses in Hong Kong valued at 2 billion HKD, a private jet worth $45 million, and luxury yachts, while Evergrande shares are considered the least valuable among these assets [2][7] Group 2 - The ownership of many of Xu's properties is held by offshore companies, making it difficult to trace the assets [8] - The liquidator has only identified 33 companies linked to Xu's assets, indicating that not all assets may be accounted for [9] - Xu Jiayin's family has engaged in "technical separation" to protect their assets, with Xu's ex-wife Ding Yumei now pursuing legal claims against their son for financial recovery [10][12] Group 3 - Ding Yumei has been implicated in the asset recovery case and has been accused of violating asset freeze orders while purchasing properties in the UK [14][15] - The total debts owed by Evergrande's major creditors are substantial, with many banks facing significant bad debts due to their exposure to Evergrande [17] - South Tong Sanjian, a major construction partner of Evergrande, is facing asset liquidation due to debts amounting to 36 billion RMB owed by Evergrande [20][24] Group 4 - The construction industry has been severely impacted by Evergrande's financial troubles, with many suppliers facing bankruptcy or debt restructuring [25] - Even if all of Xu Jiayin's assets were liquidated, it would not be sufficient to cover the extensive debts incurred by Evergrande and its partners [26]

Core Viewpoint - The article discusses the financial situation and asset status of Xu Jiayin, the former chairman of Evergrande Group, particularly focusing on his luxury properties in Hong Kong and the ongoing investigations into his assets following the company's financial troubles [2][13]. Group 1: Property Violations and Legal Actions - Xu Jiayin's luxury villa at 10B Peak Road in Hong Kong has been reported for significant unauthorized constructions, including over 6,000 square feet of illegal structures [3][6]. - The Hong Kong Buildings Department has ordered the demolition of these illegal constructions, indicating that the property has undergone extensive illegal modifications [6][7]. - Other properties in the same estate are also under scrutiny, with demolition orders expected for additional unauthorized structures [7]. Group 2: Asset Management and Sales - Xu Jiayin's properties, including three luxury houses at 10B, 10C, and 10E Peak Road, have been taken over by debt agents and are being put up for sale [9][12]. - The properties are listed at a significant discount, with the 10C and 10E villas priced at 900 million HKD, down from a previous valuation of 1.5 billion HKD, representing a 40% reduction [11]. - The market interest in these properties is high, with over 60% of inquiries coming from local wealthy families and the remaining 30% from mainland buyers [12]. Group 3: Global Asset Scrutiny - Following the financial collapse of Evergrande, Xu Jiayin's global assets are under investigation, with a focus on his properties in Hong Kong [13]. - The Hong Kong Evergrande Center has been officially taken over by creditors, highlighting the challenges in selling the property [13]. - Xu Jiayin's asset portfolio includes private jets, yachts, luxury cars, and various real estate holdings worldwide, all of which are subject to legal scrutiny and potential liquidation [13][14].