Ex-Evergrande CEO Joins Chinese Tycoons Offloading HK Property

  • Xia Haijun is seeking to sell apartment for $20 million
  • He was forced to resign from embattled developer last year

The Pavilia Hill complex in Hong Kong.

Source: Google Maps
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China Evergrande Group’s former Chief Executive Officer Xia Haijun has put an apartment in Hong Kong up for sale for HK$160 million ($20.4 million), joining Chinese tycoons that are offloading luxury property in the city.

The 2,793 square-foot (259 square-meter) apartment in the Pavilia Hill complex has five bedrooms and a large balcony, a website listing shows. Xia is listed as the owner, according to a land registry document.