Hui Ka Yan

Last Updated: January 23, 2023, 10:44 ISTHe was also a member of China’s top Chinese People’s Political Consultative Conference (CPPCC). It is speculated that the Chinese government launched its common prosperity policy to redistribute…

Chinese billionaire Hui Ka Yan's wealth has diminished to $3 billion from $42 billion in 2017-2018, Bloomberg Billionaire Index showed. The chairman of the China Evergrande Group, once the second richest person in Asia, was known to be the…

Chinese billionaire Hui Ka Yan's wealth has diminished to $3 billion from $42 billion in 2017-2018, Bloomberg Billionaire Index showed. The chairman of the China Evergrande Group, once the second richest person in Asia, was known to be the…

Hui accumulated many of his assets through Evergrande companies or offshore shell companies, a common tactic by the global rich to legally shield assets from creditors, tax authorities and public scrutiny. He was one of the Asian tycoons…

<!-- -->The 63-year-old Xu Jiayin was once China's richest man.Beijing: From rural poverty to real-estate billions, the fortunes of Xu Jiayin mirrored China's runaway economic growth for much of the past two decades -- but now he is…

Evergrande Group's chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and asset sales, two people said, as the Chinese developer battles against default on more than $300 billion…

Scrambling to avoid defaulting on its debts, cash-strapped China Evergrande Group said on Wednesday it plans to sell a 9.99 billion yuan ($1.5 billion) stake in Shengjing Bank Co Ltd to a state-owned asset management company. Shengjing…