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Sep 28, 2023 · As of late August, Hui had a net worth of $1.7 billion, down 96% from a five-year high of $39.8 billion in July 2020, according to the Bloomberg Billionaires Index. Much of his fortune was derived ...
Jun 1, 2024 · Evergrande’s founder Hui Ka Yan was fined 47 million yuan ($6.5 million) and banned for life from the securities market; six other senior executives were also punished. Hengda inflated revenue and profits significantly in 2019 and 2020 and failed to disclose major litigation cases and overdue debts.
Mar 19, 2024 · By Mariko Oi. Business reporter. Struggling Chinese property giant Evergrande and its founder, Hui Ka Yan, have been accused of inflating revenues by $78bn (£61.6bn) in the two years before the ...
Sep 29, 2023 · Business reporter. Hui Ka Yan, the founder and chairman of Chinese property giant Evergrande, was once Asia's richest person. The 64-year-old, who is also known as Xu Jiayin, rose from a humble ...
Sep 28, 2023 · Hui Ka Yan, also known as Xu Jiayin, was born into a poor family in China's central Henan province in 1958, during Mao Zedong's economic and social campaign, the Great Leap Forward.
Sep 27, 2023 · Hui Ka Yan in happier times: In 2012, his attire at the Two Sessions political meeting earned him the moniker “Belt Brother” (皮带哥 pídài gē) after the above photo was circulated on social media. Just a few years ago, Hui, the 64-year-old billionaire founder of Evergrande, was the poster child of China’s economic boom. Born into ...
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Aug 5, 2024 · The liquidators of failed property developer China Evergrande have launched an effort in a Hong Kong court to recover $6bn from its founder Hui Ka Yan and other top company executives. The legal ...
