{"id":121494,"date":"2021-08-17T17:00:20","date_gmt":"2021-08-17T10:00:20","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hui-ka-yan-steps-down-as-chairman-of-hengda-as-china-evergrande-reshuffles-its-executive-ranks-in-restructuring\/"},"modified":"2021-08-17T17:10:53","modified_gmt":"2021-08-17T10:10:53","slug":"hui-ka-yan-steps-down-as-chairman-of-hengda-as-china-evergrande-reshuffles-its-executive-ranks-in-restructuring","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hui-ka-yan-steps-down-as-chairman-of-hengda-as-china-evergrande-reshuffles-its-executive-ranks-in-restructuring\/","title":{"rendered":"Hui Ka-yan steps down as chairman of Hengda as China Evergrande reshuffles its executive ranks in restructuring"},"content":{"rendered":"


\nHui Ka-yan, the property magnate who controls the world\u2019s most-indebted developer, has promoted one of his corporate lieutenants as he stepped down as chairman of the closely held Hengda Real Estate Group, in an executive reshuffling that raised concerns about his grip on his flagship China Evergrande Group.Hengda director Zhao Changlong was promoted to chairman of Evergrande\u2019s mainland China property unit. The executive will also take over from Ke Peng as Hengda\u2019s general manager, according to\u2026
\n
\nSource : South China Morning Post
\nRead more…Hui Ka-yan steps down as chairman of Hengda as China Evergrande reshuffles its executive ranks in restructuring<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hui Ka-yan, the property magnate who controls the world\u2019s most-indebted developer, has promoted one of...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121494","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vBA","jetpack-related-posts":[{"id":121755,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-china-evergrande-faces-risk-of-loan-defaults-legal-action-billionaire-chairman-hui-ka-yan-admits-as-profit-tanks\/","url_meta":{"origin":121494,"position":0},"title":"Indebted China Evergrande faces risk of loan defaults, legal action, billionaire chairman Hui Ka-yan admits as profit tanks","date":"August 31, 2021","format":false,"excerpt":"\r The billionaire chairman of the world\u2019s most indebted developer, China Evergrande, has admitted his company faces the risks of defaulting on loans and legal action from creditors.Hui Ka-yan, who founded the Shenzhen-based home builder in 1996, made the rare admission in an earnings statement on Tuesday as Evergrande reported\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-boss-hui-ka-yan-rallies-workers-aims-to-deliver-four-times-as-many-homes-in-december\/","url_meta":{"origin":121494,"position":1},"title":"China Evergrande boss Hui Ka-yan rallies workers, aims to deliver four times as many homes in December","date":"December 27, 2021","format":false,"excerpt":"\r Hui Ka-yan, the founder and chairman of heavily-indebted developer China Evergrande Group, is trying to rally his employees and deliver more homes as the year comes to a close.At a weekly meeting with company executives on Sunday, the 63-year-old billionaire said all employees will be required to not \u201clie\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hui-ka-yan-is-saving-his-china-evergrande-property-empire-from-sinking-under-us340-billion-in-liabilities\/","url_meta":{"origin":121494,"position":2},"title":"How Hui Ka-yan is saving his China Evergrande property empire from sinking under US$340 billion in liabilities","date":"July 20, 2023","format":false,"excerpt":"\r Founder Hui Ka-yan is seeking to reorganise US$20 billion of its defaulted debt, the first step in reviving his property flagship. Here\u2019s how the plan will unfold, and what analysts are saying about the debt workout.\r \r Source : South China Morning Post\r Read more...How Hui Ka-yan is saving\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-has-no-bullets-left-as-crisis-lights-up-mainland-social-media-about-end-game-for-fallen-billionaire-hui-ka-yan\/","url_meta":{"origin":121494,"position":3},"title":"China Evergrande has \u2018no bullets\u2019 left as crisis lights up mainland social media about end-game for fallen billionaire Hui Ka-yan","date":"September 26, 2023","format":false,"excerpt":"\r Evergrande\u2019s debt plight is lighting up mainland Chinese social media platforms as users debate its ultimate fate. Brock Silvers at Kaiyuan Capital says there is plenty of time on the clock for founder Hui Ka-yan to salvage the situation.\r \r Source : South China Morning Post\r Read more...China Evergrande\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143083,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/whats-next-for-hui-ka-yan-after-china-slapped-evergrande-with-a-4-2-billion-yuan-fine-and-banned-him-from-the-markets-for-life\/","url_meta":{"origin":121494,"position":4},"title":"What\u2019s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?","date":"March 19, 2024","format":false,"excerpt":"\r Evergrande, which has the dubious honour as the world\u2019s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.\r \r Source : South China Morning Post\r Read more...What\u2019s next for Hui Ka-yan after China slapped\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-hui-ka-yan-once-chinas-richest-man-has-seen-his-wealth-dwindle-as-developers-prospects-sour\/","url_meta":{"origin":121494,"position":5},"title":"China Evergrande\u2019s Hui Ka-yan, once China\u2019s richest man, has seen his wealth dwindle as developer\u2019s prospects sour","date":"October 1, 2023","format":false,"excerpt":"\r Hui Ka-yan, founder and chairman of the troubled developer, rode a wave of market reforms to amass a vast empire that included China\u2019s 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121494"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121494"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121494\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}