hina Evergrande Group, a debtbeleaguered property developer, said in a September 28 statement to the Hong Kong Stock Exchange, where it is listed, that the company’s Chairman and Executive Director Xu Jiayin, also known as Hui Ka Yan, has been subjected to mandatory measures due to suspicion of criminal activity. Xu’s coming under investigation has created added trouble for the
Property Giant’s Debt Crisis Still Under Control
Oct 19, 2023
2 minutes
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