Market Chatter: Hong Kong Orders Asset Freeze on China Evergrande Founder's Ex-wife

MT Newswires Live11-27

A Hong Kong court ordered an asset freeze on China Evergrande Group (HKG:3333) founder's ex-wife, Ding Yumei, The Standard reported Wednesday.

The Hong Kong High Court previously ordered liquidators to locate and preserve chairman Hui Ka-yan's assets.

The latest order adds $220 million in assets located in China, Gibralta, Jersey, and Singapore, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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