Recently, the Court of First Instance of the High Court of Hong Kong Special Administrative Region (hereinafter referred to as "Hong Kong High Court") ruled that the liquidator of China Evergrande Group would serve as the receiver for assets related to Xu Jiayin's family. Previously, the Hong Kong High Court had issued a global freezing order against assets under Xu Jiayin's name, explicitly prohibiting him from disposing of assets worldwide with an upper limit value of $7.7 billion USD (approximately 55 billion yuan).
Specifically, the assets taken over by China Evergrande's liquidator include multiple properties located in Hong Kong, the United Kingdom, and the United States, as well as private aircraft, luxury vehicles, and yachts. These include two Rolls-Royce Phantom vehicles with license plates Yue A98888 (mainland China) and HD3333 (Hong Kong), where "3333" corresponds to Evergrande's former stock code.
The freezing order involves 33 offshore companies primarily distributed across Hong Kong, the British Virgin Islands, and the Cayman Islands. Some of these companies are directly held by Xu Jiayin, while others are held by his ex-wife Ding Yumei. One company established in the British Virgin Islands is held by Xu Jiayin's son.
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