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Hui Ka Yan's hilltop villa rumored to be in receivership
Nov 4, 2022
Hui Ka Yan's hilltop villa rumored to be in receivership Hong Kong
By   Internet
  • City News
  • Xu Jiayin's hilltop villa
  • mansion
  • Xu Jiayin
Abstract: The villa is the first private asset of Hui Ka Yan to be taken over in Hong Kong.

Evergrande (3333) financial difficulties are not yet solved, market news that Evergrande founder Hui Ka Yan previously mortgaged three villas located on the Peak, one of which has been taken over by China Construction Bank (Asia), the villa taken over for the Peak Blake Trail No. 10 B house, a practical area of about 5,000 square feet, the market value of about 700 million yuan.

 

The news also pointed out that the villa was mortgaged by CCB Asia in October last year, and has now been taken over by CCB Asia.

 

The other two villas are Block C and Block E of No. 10 Blake Trail, which were mortgaged to the finance company "ORIX" in November last year, guaranteed by two offshore companies, borrowing a total of $821.23 million.

 

Earlier Evergrande Center in Wanchai was taken over by the Bank of Credit International, the whole building bidding for sale, valued at $ 8 billion to $ 9 billion, October 31 has closed bids, reportedly dozens of potential buyers, the results have not yet been announced.

 

In addition, foreign news quoted sources said Xu's family last month to solicit the sale of a mansion located in London near Knightsbridge (Knightsbridge), the mansion has 45 rooms, overlooking Hyde Park, is rumored to be purchased by Xu in April 2020 with 210 million pounds (contract 1.86 billion Hong Kong dollars).

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Hui Ka Yan's hilltop villa rumored to be in receivership
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