china real estate, evergrande group, real estate crisis, xu jiayin

The Inside Scoop on Evergrande: Looted and Devoured by Parasites (Part 2)

According to public information statistics, from Evergrande’s listing in 2009 up to before the crisis unfolded in 2020, Xu Jiayin’s nominal share alone amounted to 44.7 billion Yuan (US$6.27B). According to media reports at home and abroad, by 2023, Xu Jiayin will receive more than 50 billion Yuan in dividends (US$7.01B). A veteran observer in ...

Michael Segarty

China Evergrande's fall on the stock market.