Logo 17 Nov 2021

Sharing the wealth

Subscribe to keep reading.

Trivium Markets keeps you briefed on the latest developments in China markets policy.

Already a subscriber? Log in.

On Tuesday, Yicai reported that China Evergrande Group Chairman and founder Xu Jiayin has been selling his personal assets and using the proceeds to help Evergrande pay its bills.

Citing unnamed sources, Yicai said that Xu has been selling assets since July 1.
He's injected RMB 7 billion into his c...