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Family members of Hui Ka-yan may be scrambling to move their money around to prevent it from being confiscated, a month after the property giant was ordered to wind up, according to analysts. ....
He was the second richest man in Asia..a billionaire who lost 93% of his wealth..why? archyde.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archyde.com Daily Mail and Mail on Sunday newspapers.
Evergrande founder Hui Kayan has pledged to repay creditors and deliver projects this year in a letter to his employees, saying the company can fulfil its mission if they work together. ....
Six of the 13 property chairmen attending the meetings will be representing developers that have either officially defaulted on their debts or have asked creditors for more time. ....