Xu Jiayin, who is known as Hui Ka Yan in Cantonese, was taken away by authorities earlier this month, according to anonymous sources cited by Bloomberg News.
He is being held under "residential surveillance," the report said, which does not mean he has been arrested or charged with a crime.
IN CUSTODY This photo taken on June 5, 2017 shows Evergrande's president, Xu Jiayin (aka Hui Ka Yan in Cantonese), attending a meeting in Wuhan. Xu is being held by police, a report said on Wednesday, Sept. 27, 2023, as the debt-ridden company struggles with financial difficulties. AFP PHOTO
IN CUSTODY This photo taken on June 5, 2017 shows Evergrande's president, Xu Jiayin (aka Hui Ka Yan in Cantonese), attending a meeting in Wuhan. Xu is being held by police, a report said on Wednesday, Sept. 27, 2023, as the debt-ridden company struggles with financial difficulties. AFP PHOTO
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