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Hui Ka Yan

Chinese company demands sale of Evergrande founder’s Hong Kong flat in debt dispute

by Anas Siddiqui
Chinese company demands sale of Evergrande founder’s Hong Kong flat in debt dispute

A Chinese firm has demanded that Hui Ka-yan, the founder and former chairman of insolvent developer China Evergrande Group, sell a Hong Kong flat to partially pay off a defaulted …

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Evergrande founder’s Black’s Link mansion finds a buyer after year-long fire sale

by Anas Siddiqui
Evergrande founder’s Black’s Link mansion finds a buyer after year-long fire sale

A mansion at one of Hong Kong’s most exclusive neighbourhoods found its buyer after a fire sale and 15 months on the auction block, offering a minor victory for China …

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Evergrande’s NEV unit plunges on China’s order to refund US$262 million in state subsidies

by Anas Siddiqui
Evergrande’s NEV unit plunges on China’s order to refund US2 million in state subsidies

China Evergrande New Energy Vehicle Group (NEV) plunged by the most in nearly three years, after the Chinese government ordered the unit of China Evergrande Group to return all its …

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PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice

by Anas Siddiqui
PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice

State-owned China Cinda Asset Management has become the latest major company to terminate its contract with PwC, after at least five big firms recently cut ties with the auditor amid …

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PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

by Anas Siddiqui
PwC faces defections by Hong Kong, mainland China clients amid concerns about China Evergrande accusations

Shenzhen-listed conglomerate China Merchants Port Group has joined at least four other large corporations that have terminated contracts with auditing firm PricewaterhouseCoopers (PwC) in the last month amid concerns around …

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China Evergrande’s EV unit surges 87% as potential buyers eye control of cash-strapped carmaker

by Anas Siddiqui
China Evergrande’s EV unit surges 87% as potential buyers eye control of cash-strapped carmaker

China Evergrande New Energy Vehicle Group (Evergrande NEV), the electric-vehicle (EV) manufacturing unit of insolvent property developer China Evergrande Group, surged in Hong Kong after the liquidator of its parent …

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China Evergrande’s EV unit caught unawares by demand for US$268 million of subsidies by local governments

by Anas Siddiqui
China Evergrande’s EV unit caught unawares by demand for US8 million of subsidies by local governments

The carmaking unit of troubled property giant China Evergrande has been asked by China’s local governments to return 1.9 billion yuan (US$267.7 million) of subsidies after the company failed to …

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China Evergrande: PwC refutes letter claiming fraud tied to indebted developer, vows to investigate ‘fabricated’ claims

by Anas Siddiqui
China Evergrande: PwC refutes letter claiming fraud tied to indebted developer, vows to investigate ‘fabricated’ claims

PricewaterhouseCoopers (PwC) has refuted a letter alleging that its partners were involved in auditing fraud tied to bankrupt Chinese developer China Evergrande Group and said it has taken measures to …

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Seized US$70 million Hong Kong luxury home linked to Evergrande founder Hui Ka-yan put on sale

by Ron Morgan
Seized US million Hong Kong luxury home linked to Evergrande founder Hui Ka-yan put on sale

A HK$550 million (US$70.2 million) Hong Kong luxury property linked to China Evergrande Group’s founder Hui Ka-yan has been put up for sale by receivers. Agents expect a short-term boost …

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Hong Kong mansions, worth US$192 million, linked to China Evergrande founder Hui Ka-yan, seized by creditor

by Anas Siddiqui
Hong Kong mansions, worth US2 million, linked to China Evergrande founder Hui Ka-yan, seized by creditor

A creditor has seized two Hong Kong luxury properties valued at more than HK$1.5 billion (US$192.3 million) owned by a company connected to a top China Evergrande executive, weeks before …

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