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The founder’s US$271 million home was also taken away by creditors in March. China Evergrande Group’s Hui Ka Yan lost his Hong Kong mansion and an office building to receivers.

Hui Ka Yan was born on October 9, 1958 and is the owner and founder of prestigious China Evergrande Group. He also held the position of Executive Director for Evergrande Real Estate Group Ltd in past. With his overwhelming decision making and dedication towards real states, he had made a name for himself.

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China Evergrande Group’s Mr Hui Ka Yan lost his Hong Kong mansion and an office building to receivers. BLOOMBERG

That’s just what many have done. Banks seized the Hong Kong commercial property of Chinese property company Cheung Kei Group earlier this year. The founder’s US$271 million home was also taken away by creditors in March. China Evergrande Group’s Hui Ka Yan lost his Hong Kong mansion and an office building to receivers.

Tập đoàn bất động sản China Evergrande mới đây đã cho biết thông báo thực thi yêu cầu họ phải bồi thường khoảng 770 triệu nhân dân tệ (111,40 triệu USD) cho nguyên đơn, cùng với các khoản thanh toán bắt buộc khác.