Evergrande Founder's Assets: The Hunt Begins
Update: 2025-09-16
Description
Evergrande's missing founder, Hui Ka Yan, is now the target of official liquidators appointed by the Hong Kong High Court to track down his hidden assets. Accused of concealing billions after Evergrande's collapse and his own detention, Hui faces a massive asset hunt led by Alvarez and Marsal, with court-appointed oversight to ensure accountability. Will creditors recover any of the $6 billion allegedly siphoned off, or will Hui's defiance further complicate this already messy financial disaster?
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