‘s chairman in Hong Kong’s prestigious The Peak residential enclave has been seized by lender China Construction Bank , records from the Land Registry show.
Evergrande declined comment and chairman Hui Ka Yan could not be reached. CCB did not respond to a request for comment. Online news outlet HK01 first reported the foreclosure of the luxury house on October 27, which it said was now worth HK$700 million . The report added it could be the first known case of Hui’s personal assets in Hong Kong being seized.
A filing with Hong Kong’s Land Registry confirmed in October 2021 that the property had been pledged for a loan from CCB , although it gave no monetary figure.
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