Stay updated with breaking news from Gaoxian. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Hui Ka-yan, founder and chairman of the troubled developer, rode a wave of market reforms to amass a vast empire that included China’s richest football club, a superyacht and reportedly the most expensive home in London. However, his personal fortunes have dwindled as Evergrande suffocates under a massive pile of debt exceeding US$300 billion. ....
Xu Jiayin, a former steel factory technician, was just 37 when he founded Evergrande in 1996 in the southern Chinese city of Guangzhou. The man who grew up on dirt floor became a billionaire. ....
Who Is Hui Ka Yan, Billionaire Founder of Indebted Chinese Property Developer Evergrande? newsweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsweek.com Daily Mail and Mail on Sunday newspapers.