Evergrande’s creditors have turned the spotlight on the private wealth of its owner, Hui Ka Yan.
With the developer teetering on the brink of a major default on its $300bn debt mountain, retail investors are calling for Hui to personally pay them back for losses out of his own pocket – or rather, offshore accounts.
A recent creditor meeting in Hong Kong suggested that Hui, who was China’s richest man four years ago with a private fortune of $45bn, liquidate his assets.
