China Evergrande’s Hui Ka-yan, once China’s richest man, has seen his wealth dwindle as developer’s prospects sour

Source: China – South China Morning PostHui Ka-yan, founder and chairman of the troubled developer, rode a wave of market reforms to amass a vast empire that included China’s richest football club, a superyacht and reportedly the most expensive home in London. However, his personal fortunes have dwindled as Evergrande suffocates under a massive pile of debt exceeding US$300 billion.Read More