China Evergrande's former CEO, who Chinese regulators recently said was 'uncontactable', has sold his home in Hong Kong at a loss of HK$74 million ($9.48...
HONG KONG - China Evergrande 's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million from the purchase price, according to a property agent.
The home on the 32nd and 33rd floors, which overlooks Victoria Harbour, includes a 654 sq ft balcony, 1,159 sq ft terrace with a pool, and three parking spaces. In a filing last month, where Evergrande's onshore flagship unit was fined $577 million for fraudulent bond issuance and illegal information disclosure, the China Securities Regulatory Commission said Xia's involvement was "particularly vile".
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Xia Haijun Gary Lam Evergrande
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