On September 28, Beijing time, there was a sudden accident, and Xu Jiayin, once China's richest man, was exposed and taken away by relevant departments for investigation.
At about nine o'clock in the morning of the 28th, half an hour before the opening of the stock market, Evergrande stocks issued an urgent announcement, the company received a notice from relevant departments, executive director and chairman of the board of directors Xu Jiayin was taken away for investigation, China Evergrande, Evergrande Real Estate, Evergrande Property and other Evergrande stocks suspended trading.
The news came very suddenly, and Evergrande, which has always liked to release heavy news at night, came this time with a sudden attack, probably more to avoid the company being punished by the Hong Kong Stock Exchange.
Hearing this news, I can't help but vibrate, Evergrande as the former top three giants of the real estate market, annual revenue of hundreds of billions of levels, boss Xu Jiayin, but also once China's richest man, but also led Chinese football to achieve a glorious history, created the glory of China's golden yuan football, once upon a time, waved a check, led Evergrande football in the Asian Champions League venue to be invincible, but also historically won the Asian Champions League, the limelight is unmatched.
Who would have thought that just a few years later, Xu Jiayin would fall here, which can really be described as one step to heaven and one step to hell.
For Xu Jiayin's arrest, netizens talked a lot, some people said that the legal net was restored and not leaked, and Xu Jiayin was finally arrested.
But the $2.5 trillion debt he owes to the people will never come back!
Since it has been determined that Xu Jiayin violated the law, why was he arrested many years later, who gave Xu Jiayin freedom for so long and gave Xu Jiayin the opportunity to transfer property, and the once 180 billion property has also been transferred by him.
According to reports, in 2022, he divorced his wife Ding Yumei, accused of dividing property, Xu Jiayin's son recently received a sovereign fund worth 2.3 billion, which can be said to be Xu Jiayin's rich second-generation protection fund to his son, these originally belonged to the people's property, so it was transferred step by step by Xu Jiayin, according to the 2023 Furun rich list, Xu Jiayin is worth only 20 billion, has fallen to 1,000 people. This shows the thoroughness of asset transfer.
Some netizens also said that Xu Jiayin cheated and defrauded, defrauding the country and the people's money, hoping that the state will investigate Evergrande to the end and restore fairness and justice to society.
With a debt of 2.5 trillion yuan, how did Evergrande borrow so much money from the bank, this process really needs to be investigated by the state, not only Evergrande, but also related banks to ensure the safety of people's property.