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Rich friends who helped Evergrande tycoon now count their losses

Wealthy investors who supported Chinese billionaire Hui Ka Yan’s empire are now paying a heavy price amid growing concern the group will struggle to repay its debts. Hui had long been able to count on his poker pals to back China Evergrande Group during times of trouble, whether it was by buying stakes in his company, loading up on its bonds or not calling in debts. He broadened that circle to raise funds for his property services business in December, as well as an electric-vehicle startup in January. ....

Hong Kong , Chen Hua , Joseph Lau , Wang Kaiguo , Poon Jing , Hui Ka Yan , Zhang Jindong , Cheung Chung Kiu , Henry Cheng , Liu Ming Hui , Wong Kwong Miu , Wang Zhongming Shenzhen Greenwoods Investment Group , China Strategic Holdings Ltd , Big Two Club , Shenzhen Centralcon Investment Holding Co , Asia Orient Holdings Ltd , China Evergrande New Energy Vehicle Group , Chinese Estates Holdings Ltd , China Gas Holdings Ltd , Kingkey Group , Heyirong International Trade Co , China Evergrande Group , World Development Co , Centralcon Group , Evergrande Property Services Group Ltd , Evergrande Property Services Group ,

Evergrande's Special Dividend Has Investors Searching for Clues


U.K. Banks Prepared for Negative Rates in Case Recovery Crumbles
U.S. Labor Shortages, Price Pressures to Continue, Survey Shows
Chinese Tutoring Firms Extend Plunge as Beijing Cracks Down
Evergrande’s Special Dividend Has Investors Searching for Clues
‘Freak Out’ Factor, China Cools, Yellen on Default Risk: Eco Day
Oil Edges Higher After Weekly Gain as Investors Assess Demand
Stocks Eye Mixed Start as China Tempers U.S. Boost: Markets Wrap
China’s Ongoing Recovery Showed Signs of Weakness in July
Duterte Set to Push Congress on Virus Recovery, Successor
Aussie-Loving Hedge Funds Face Inflation Risk as Currency Slips ....

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