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Evergrande Liquidators Demand $2 Million in Research Funding Back from Harvard

10.22 ·Reported ·Importance II ·Sources 1 ·China

According to a report by the UK's Financial Times on October 22, the liquidators of China Evergrande sent a demand letter to Harvard University, asking for the return of $2 million from a 2020 research grant, and the two sides are in negotiations. The liquidation report disclosed that Evergrande also paid the university about $156 million in 2013 and 2016, and the liquidators said they found no clear commercial rationale for these payments.

Evergrande Group founder Xu Jiayin sentenced to life imprisonment

08.21 ·Reported ·Importance IV ·Sources 1 ·China

Evergrande Group founder Xu Jiayin has been sentenced to life imprisonment, sparking widespread discussion about the fate of private entrepreneurs in China and the attitude of the Chinese Communist Party (CCP) toward private capital.

Xu Jiayin Sentenced to Life Imprisonment

08.20 ·Verified ·Importance V ·Sources 2 ·China

Xu Jiayin, former chairman of Evergrande Group, was sentenced to life imprisonment, and his two sons, Xu Zhijian and Xu Tenghe, were also sentenced to fixed-term imprisonment.

Evergrande Founder Xu Jiayin Sentenced to Life Imprisonment

2026.08 ·Reported ·Importance IV ·Sources 4 ·China

Evergrande Group founder Xu Jiayin was recently sentenced to life imprisonment, sparking widespread public attention. Commentators view this as marking the beginning of an era where private Chinese billionaires generally face severe legal reckoning and life imprisonment.

Hong Kong High Court Orders China Evergrande Liquidation

2024.01.29 ·Verified ·Importance IV ·Sources 2 ·Hong Kong

On January 29, 2024, Hong Kong High Court Judge Chen Jingfen issued a liquidation order against China Evergrande, which is indebted by more than 2.4 trillion yuan, stating that it failed to present a viable restructuring plan.

Feng Shui Issue at the Xu Family Cemetery Sparks Discussion

2023.10 ·Reported ·Importance II ·Sources 1 ·China

A domestic article points out that the high walls surrounding the Xu family cemetery form the character "口", while the trees planted inside form "木", together forming the character "困"; netizens have called it the "trapped dragon formation" or the "imprisonment formation".

Xu Jiayin Taken Into Compulsory Measures

2023.09.28 ·Verified ·Importance IV ·Sources 3 ·China

China Evergrande announced that Xu Jiayin is subject to compulsory measures by law due to suspected violations of laws and crimes.

Property Protests Erupt at Evergrande Headquarters

2021.09.13 ·Verified ·Importance III ·Sources 3 ·China

Evergrande, China's largest real estate developer, is in trouble with $31 billion in debt, and a rare protest has broken out at its headquarters, marking the opening of the continuing downturn in China's property sector.

Huacheng Group transfers Yuemeng project to Evergrande

2017.05 ·Hearsay ·Importance IV ·Sources 1 ·Shenzhen

Three days after acquiring full equity in the Yuemeng project, Huacheng Group resold it to Evergrande, with the transaction involving an M&A fund established by CITIC Bank.

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