# Asset Seizure
Latest news and articles about Asset Seizure
Total: 2 articles found
Business
The Auction of Ambition: Evergrande’s Former Second-in-Command Faces the Liquidation of His Guangzhou Crown Jewel
The luxury Guangzhou penthouse of former Evergrande President Xia Haijun is headed for a court-ordered auction with a starting price of 49.43 million RMB. Once China's highest-paid executive, Xia now faces a lifetime market ban and international asset freezes while reportedly residing in California.
SoBiz2026年5月10日 05:53
#Evergrande#Xia Haijun#Real Estate
Business
The Fall of China's 'Wage King': Evergrande Ex-President’s Luxury Penthouse Hits the Auction Block
A luxury Guangzhou penthouse belonging to former Evergrande President Xia Haijun is being auctioned by court order following his involvement in a massive corporate fraud scandal. Once China’s highest-paid executive, Xia now faces a lifetime market ban and the systematic liquidation of his personal assets as the state unwinds the developer's collapse.
SoBiz2026年5月9日 10:23
#Evergrande#Xia Haijun#China Real Estate