Xu Jiayin
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Xu Jiayin
Hui Ka Yan (, or Xu Jiayin in Mandarin Chinese; born 9 October 1958) is a Chinese former billionaire businessman. He is the chairman of the board and Chinese Communist Party Committee Secretary, Communist Party secretary of the Evergrande Group, a Chinese real estate developer. The Guangzhou-based company was China's biggest property developer in 2016, based on sales volume; revenue was 211.4 billion yuan (US$31.8 billion). In 2017, Evergrande Real Estate Group achieved sales of RMB 450 billion (US $69.5 billion). As of December 2021 Hui was the largest shareholder of Evergrande Group, holding nearly 60 percent of stock. In September 2023, Hui was arrested and under investigation for suspected illegal activity. , Hui had an estimated net worth of $979 million according to ''Bloomberg Billionaires Index'', down from a peak of $45.3 billion in 2017. On 19 March 2024, Hui was fined $6.5 million for his company's $78 billion revenue overstatement and banned from China's markets for ...
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Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for bei ...
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Chinese Corporate Directors
Chinese may refer to: * Something related to China * Chinese people, people identified with China, through nationality, citizenship, and/or ethnicity **Han Chinese, East Asian ethnic group native to China. **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of various ethnicities in contemporary China ** Ethnic minorities in China, people of non-Han Chinese ethnicities in modern China ** Ethnic groups in Chinese history, people of various ethnicities in historical China ** Nationals of the People's Republic of China ** Nationals of the Republic of China ** Overseas Chinese, Chinese people residing outside the territories of mainland China, Hong Kong, Macau, and Taiwan * Sinitic languages, the major branch of the Sino-Tibetan language family ** Chinese language, a group of related languages spoken predominantly in China, sharing a written script (Chinese characters in traditional and simplified forms) *** Standard Chines ...
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Chinese Billionaires
The following are partial lists of the Forbes list of Chinese billionaires (converted into USD) and is based on an annual assessment of wealth and assets compiled and published by ''Forbes'' magazine in 2022. In 2022 China had 607 billionaires which put the country second in the world, after the United States (735). Current richest Chinese billionaire is Zhong Shanshan, ranked as the eighth wealthiest man in the world as of March 11, 2022. 2022 Chinese billionaires top 100 list The hundred entrepreneurs billionaires are listed as follows, including their China (mainland) rank (C#) and world rank (W#), citizenship, age, net worth, and source of wealth: See also * Forbes list of billionaires * Hurun Report * List of countries by the number of billionaires * List of wealthiest families References External links China Rich List Hurun Rich List
– China's richest people (2020) by the Hurun Report {{DEFAULTSORT:List of Chinese by net worth Chinese billionaires, Demograp ...
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Businesspeople From Henan
A businessperson, also referred to as a businessman or businesswoman, is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) to generate cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital to fuel economic development and growth. History Medieval period: Rise of the merchant class Merchants emerged as a social class in medieval Italy. Between 1300 and 1500, modern accounting, the bill of exchange, and limited liability were invented, and thus, the world saw "the first true bankers", who were certainly businesspeople. Around the same time, Europe saw the " emergence of rich merchants." This "rise of the merchant class" came as Europe "needed a middleman" for the first time, and these "burghers" or "bourgeois" were the people who played this role. Renaissance to Enlightenment: Rise of t ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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1958 Births
Events January * January 1 – The European Economic Community (EEC) comes into being. * January 3 – The West Indies Federation is formed. * January 4 ** Edmund Hillary's Commonwealth Trans-Antarctic Expedition completes the third overland journey to the South Pole, the first to use powered vehicles. ** Sputnik 1 (launched on October 4, 1957) falls towards Earth from its orbit and burns up. * January 13 – Battle of Edchera: The Moroccan Army of Liberation ambushes a Spanish patrol. * January 27 – A Soviet-American executive agreement on cultural, educational and scientific exchanges, also known as the "Lacy-Zarubin Agreement, Lacy–Zarubin Agreement", is signed in Washington, D.C. February * February 1 – Egypt and Syria unite to form the United Arab Republic. * February 2 – The ''Falcons'' aerobatic team of the Pakistan Air Force led by Wg Cdr Zafar Masud (air commodore), Mitty Masud set a World record loop, world record performing a 16 aircraft diamon ...
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100th Anniversary Of The Chinese Communist Party
Celebrations of the 100th anniversary of the founding of the Communist Party of China ( zh, link=no, s=中国共产党成立100周年庆祝活动), or the Centennial of the Chinese Communist Party ( zh, s=中国共产党成立一百周年, links=no), were held on 1 July 2021 in Beijing to celebrate the centennial of the founding of the Chinese Communist Party (CCP), which has been the sole governing political party of the People's Republic of China (PRC) since 1949. CCP General Secretary Xi Jinping, as the guest of honor, delivered a speech and presented the Order of July the First order of honour to CCP members who have made significant contributions. Premier Li Keqiang served as the official host of the event. Similar celebrations were scheduled nationwide in mainland China, the Macau Special Administrative Region, and the Hong Kong Special Administrative Region, coinciding with the 24th anniversary of the handover from the United Kingdom on the same day. Background T ...
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Chinese People's Political Consultative Conference
The Chinese People's Political Consultative Conference (CPPCC) is a political advisory body in the People's Republic of China and a central part of the Chinese Communist Party (CCP)'s United front (China), united front system. Its members advise and put proposals for political and social issues to government bodies. However, the CPPCC is a body without real legislative power. While consultation does take place, it is supervised and directed by the CCP. The organizational hierarchy of the CPPCC consists of a National Committee of the Chinese People's Political Consultative Conference, National Committee and regional committees. Regional committees extend to the Provinces of China, provincial, Prefecture-level divisions of China, prefecture, and Counties of China, county level. According to the Charter of the Chinese People's Political Consultative Conference, charter of the CPPCC, the relationship between the National Committee and the regional committees is one of guidance and ...
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Evergrande Liquidity Crisis
The China Evergrande Group was a Chinese property developer, and it was the second largest in China by sales. It was founded in 1996 by Hui Ka Yan (Xu Jiayin). It sold apartments mostly to upper- and middle-income dwellers. Evergrande was incorporated in the Cayman Islands, a British Overseas Territory, and headquartered in the Houhai Financial Center in Nanshan District, Shenzhen, Guangdong Province, China. In 2018, Evergrande became the most valuable real estate company in the world, but by 2021 it had collapsed financially and started the Chinese property sector crisis. The company eventually filed for bankruptcy in the United States in 2023, which was followed by a court-ordered liquidation in Hong Kong in January 2024. History Initially called the Hongda Group, Evergrande was founded by Hui Ka Yan in the southern Chinese city of Guangzhou in 1996, during a period of mass urbanization in China. In October 2009, the company raised $722 million U.S. in an initial publi ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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