On August 8, rumors of "Xu Jiayin's divorce" were widely circulated on social media. The incident arose from a series of announcements released by China Evergrande on the evening of August 16. In the 2021 interim report of China EverGrande, the expression of Ding Yumei is still Xu Jiay in's spouse "Mrs. Xu" On August 16, China Ever grande announced that it had received the first US$14 million strategic investment from Newton Group, a listed company held by the UAE.
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Hui Ka Yan is the embattled chairman of the Evergrande Group, one of China's biggest real estate developers that is under huge debt. He once had a net worth of $42 billion, which declined to $3 billion.