The villas linked to Evergrande’s Hui at Black's Link, top center, in Hong Kong.

The villas linked to Evergrande’s Hui at Black's Link, top center, in Hong Kong.

Photographer: Anthony Kwan/Bloomberg
Real Estate

Open House: Seized HK Mansion Listed for $112 Million Traces Fall of Evergrande Tycoon

The mansion tells the story of how Evergrande’s billionaire chairman gained and lost one of the world’s biggest fortunes after Xi Jinping cracked down on China’s property industry.

This is the third of Bloomberg’s Open House series, featuring Hong Kong’s most interesting homes.

Perched on the crest of a hill in a wealthy Hong Kong neighborhood is a mansion for sale that was seized from China Evergrande Group’s chairman Hui Ka Yan.