Evergrande boss's excesses earn him 'China's Trump' moniker

Singapore

HUI Ka Yan may not realise it, but he has a lot in common with Donald Trump. Like the US president-elect, the founder and chairman of China Evergrande Group - the country's largest developer by assets - traces his fortune to property and built it on a mountain of debt.

Mr Hui also has a penchant for grandeur and excess. JPMorgan Chase & Co slammed his purchase of a Hong Kong office tower as "another example of immature capital management", while Jackson Martinez, the Colombian striker for his Guangzhou Evergrande Taobao Football Club, is one of soccer's top earners.