Hui Ka Yan

Evergrande founder’s ex-wife sues son over US$128 million in loans

The ex-wife of China Evergrande Group’s founder Hui Ka Yan filed a lawsuit against his second son over US$128 million in loan payments, the latest twist in the slow unravelling of the property giant. 

Evergrande has been working to get creditors’ approval to restructure its offshore debt but the process grew more complicated last week.

Evergrande chairman investigated over offshore asset transfers: WSJ

CHINA Evergrande Group chairman Hui Ka Yan is being investigated on suspicion of transferring assets offshore while the indebted property developer struggles to complete unfinished projects, the Wall ...

 Chairman Hui Ka Yan was taken away by police this month and is being monitored at a designated location.

Evergrande says chairman under criminal investigation

China Evergrande Group said on Thursday (Sep 25) its founder is under criminal investigation, the latest blow to the embattled property developer as it grapples with a debt-restructuring plan.

Hui Ka Yan, the billionaire founder of China Evergrande Group. His personal fortune swelled to US$42 billion at its peak in 2017.

Seized HK mansion listed for US$112 million traces fall of Evergrande tycoon

Perched on the crest of a hill in a wealthy Hong Kong neighbourhood is a mansion for sale that was seized from China Evergrande Group’s chairman Hui Ka Yan.