Evergrande Founder’s Ex-Wife Sues Son Over $128 Million in Loans
- Ding Yumei sues Peter Xu in HK for failure to repay loans
- Peter Xu was taken into custody last year along with staff
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The ex-wife of China Evergrande Group’s founder Hui Ka Yan filed a lawsuit against his second son over HK$1 billion ($128 million) in loan payments, the latest twist in the slow unraveling of the property giant.
The lawsuit was filed in Hong Kong by Ding Yumei, who was listed as the spouse of Hui until August. She claims that the defendant Peter Xu failed to make payments for loans borrowed in June 2020, according to court filings.