(Hong Kong News) According to Hong Kong media reports, Xu Jiayin, chairman of the Board of Directors of China Evergrande, raised funds through changing personal assets or pledged equity. In the past two years, a total of more than 10 billion yuan has been invested in the Group.

According to Sing Tao Daily on Friday (4th), a person who is close to Evergrande reports that from July to November last year, Xu Jiayin has raised funds several times through the sale of personal properties and used it for Evergrande Insurance.Pay the building, repay interest, redemption of wealth management, salary, etc.

Jianyin Asia takes over the Hong Kong villa

Xu Jiayin was taken over by a villa on the top of the mountain top of Hong Kong. Last year, it was taken over by Silver Asia, with a market value of about HK $ 700 million (S $ 126 million).People familiar with the matter said that the disposal of this villa dates back to October last year. At that time, an Evergrande's "Hunan Xiangyin Project" was expired. In order to alleviate the tension of funds, Xu Jiayin mortgaged the private villa to the creditors as a guarantee for additional guarantees.EssenceThe agreed reception conditions were met in November of that year, so the creditor of the bill took over the villa in Asia.

Earlier, some Hong Kong media reported that the top villa was taken over by the establishment of silver in Asia, which was the "first blood" of Xu Jiayin's private property.

The above -mentioned person who knows the matter denies this statement, saying that this is one of the series of actions he dispose of private property debt repayment.

According to statistics, Xujiayin disposes close to 17 billion yuan (RMB, Same as S $ 3.3 billion). Assets that have been mortgaged or sold include three villas in Hong Kong, luxury homes in Guangzhou and Shenzhen, several private aircraft, and several private aircraftAs well as private collections, related assets have cumulatively cash out funds of more than 7 billion yuan.