Recently, there was an incident within Evergrande Group that shook the entire business circle. It is reported that Liu Yongzhuo, a potential successor to Evergrande boss Xu Jiayin and a group executive, was taken away by the police on suspicion of economic crimes. After this news broke, Evergrande's share price fell in response, triggering great concern from the market and investors.
Liu Yongzhuo, who was once regarded as "Xu Jiayin's successor" within Evergrande, was also known as "Xu Jiayin's money shredder". He was in charge of Evergrande Football and other important business segments, and is an important pillar of Evergrande Group in the future. However, now his sudden arrest has undoubtedly cast a shadow on Evergrande's future.
According to the analysis of industry insiders, Liu Yongzhuo's arrest may involve some economic crimes, and the specific situation is still under investigation. This incident not only had a significant impact on Evergrande Group, but also caused people to think deeply about China's business environment.
At present, Evergrande Group has not issued an official statement on this incident, but the market generally expects that this incident will bring major challenges to Evergrande's future development. In the future, it remains to be seen how Evergrande will respond to this crisis.