China Evergrande chairman’s Hong Kong mansion seized by bank


Backlink: REUTERS

mansion belonging to embattled China Evergrande Group’s (3333.HK) chairman in Hong Kong’s prestigious The Peak residential enclave has been seized by lender China Construction Bank (Asia), records from the Land Registry show.

The bank appointed receivers to take over the 5,000 sq ft (465 sq m) mansion on Nov. 1, according to a filing.