<p>处理中国恒大的清算人已向香港法院申请指定接管人，以追踪和保护与开发商创始人许家印相关的资产。该申请旨在识别许家印未披露的财产和持股，尽管有法院命令。</p>
<p>此举是为了追回清算人所称的约 60 亿美元，这些资金是以股息和薪酬的形式支付给许家印及其他前高管的。清算人已经在追求法院命令，以冻结与许家印及其前妻丁玉梅相关的离岸资产，丁玉梅是恢复行动中七名被告之一。</p>
<p>恒大的崩溃是震撼性的。该公司自 2021 年开始未能支付债券，最终负债超过 3000 亿美元。香港法院于 2024 年下令该集团进入清算，上周该公司在香港交易所被除牌，这是近期市场价值和交易量最大的一次除牌。</p>
<p>在本周的听证会上，香港高等法院法官欧阳赫伯特设定了接管申请的裁决日期为 12 月 2 日。许家印的律师反对该申请，辩称由于许家印的 “情况”，资产外流的风险较低，法官指出这指的是他的监禁。</p>
<p>自 2023 年被拘留以来，许家印一直处于公众视野之外。根据清算人的说法，他之前被香港法院命令披露在国内和海外持有的资产，但并未遵守。</p>
<p>清算人表示，许家印在 2017 年至 2020 年间收到了 42 亿美元的股息。他们还声称丁玉梅可能转移多达 10 亿美元的以她名义注册的资产。到目前为止，从离岸物品的销售中已追回约 2.55 亿美元，这些物品包括学校债券、俱乐部会员资格、艺术品和车辆，而针对清算人的债权人索赔约为 450 亿美元。</p>
<p>参与此案的律师预计，清算过程将持续多年，可能长达十年，债权人获得的回报将很低。这一严峻的时间表有助于解释持续的法律压力，以识别与创始人相关的任何剩余资产。</p>
<p>对于市场观察者而言，此案提醒人们，企业崩溃可能引发漫长且法律复杂的资产追索，这将波及债权人、债券持有人以及任何与债务人相关的利益相关者。接管是否会带来有意义的回收，还是仅仅更多的文书工作？12 月 2 日的裁决将是恒大传奇中的下一个重要数据点。</p>

<p>中国恒大的清算人已请求香港法院任命接管人，以寻找和保护创始人许家印的资产，旨在追回约 60 亿美元的未披露资产。对此申请的裁决定于 12 月 2 日作出。恒大在负债近 3000 亿美元的情况下崩溃，面临重大法律挑战，清算人仅追回了 2.55 亿美元，而债权人索赔高达 450 亿美元。持续的清算过程预计将持续数年，这引发了对有意义的资产回收的担忧</p>

<p>Liquidators handling China Evergrande (HKG: 6666) have asked a Hong Kong court to appoint receivers to track down and safeguard assets tied to the developer's founder, Hui Ka Yan. The filing aims to identify property and holdings that Hui has not disclosed despite court orders.</p>
<div class="lb-trans"><p>处理中国恒大的清算人已向香港法院申请指定接管人，以追踪和保护与开发商创始人许家印相关的资产。该申请旨在识别许家印未披露的财产和持股，尽管有法院命令。</p>
</div><p>The move is part of a broader push to claw back roughly $6 billion that liquidators say was paid out to Hui and other ex-executives in dividends and pay. Liquidators are already pursuing court orders to freeze offshore assets linked to Hui and his ex-wife, Ding Yumei - one of seven defendants named in the recovery actions.</p>
<div class="lb-trans"><p>此举是为了追回清算人所称的约 60 亿美元，这些资金是以股息和薪酬的形式支付给许家印及其他前高管的。清算人已经在追求法院命令，以冻结与许家印及其前妻丁玉梅相关的离岸资产，丁玉梅是恢复行动中七名被告之一。</p>
</div><p>Evergrande's collapse was seismic. The company began missing bond payments in 2021 and ultimately folded with liabilities topping $300 billion. A Hong Kong court ordered the group into liquidation in 2024, and the company was removed from the Hong Kong exchange last week in one of the largest delistings by market value and volume in recent memory.</p>
<div class="lb-trans"><p>恒大的崩溃是震撼性的。该公司自 2021 年开始未能支付债券，最终负债超过 3000 亿美元。香港法院于 2024 年下令该集团进入清算，上周该公司在香港交易所被除牌，这是近期市场价值和交易量最大的一次除牌。</p>
</div><p>At a hearing this week, Hong Kong High Court Judge Herbert Au-Yeung set a decision date of December 2 for the receivership application. Counsel for Hui resisted the bid, arguing the risk of asset flight is low because of Hui's &#34;circumstance,&#34; which the judge noted refers to his imprisonment.</p>
<div class="lb-trans"><p>在本周的听证会上，香港高等法院法官欧阳赫伯特设定了接管申请的裁决日期为 12 月 2 日。许家印的律师反对该申请，辩称由于许家印的 “情况”，资产外流的风险较低，法官指出这指的是他的监禁。</p>
</div><p>Hui has been out of public view since his detention in 2023. He was previously ordered by a Hong Kong court to disclose assets held both domestically and overseas but has not complied, according to the liquidators.</p>
<div class="lb-trans"><p>自 2023 年被拘留以来，许家印一直处于公众视野之外。根据清算人的说法，他之前被香港法院命令披露在国内和海外持有的资产，但并未遵守。</p>
</div><p>The liquidators say Hui received $4.2 billion in dividends between 2017 and 2020. They also allege Ding could move as much as $1 billion in assets registered in her name. So far, about $255 million has been recovered from sales of offshore items - everything from school bonds and club memberships to artwork and vehicles - compared with roughly $45 billion in creditor claims lodged against the liquidators.</p>
<div class="lb-trans"><p>清算人表示，许家印在 2017 年至 2020 年间收到了 42 亿美元的股息。他们还声称丁玉梅可能转移多达 10 亿美元的以她名义注册的资产。到目前为止，从离岸物品的销售中已追回约 2.55 亿美元，这些物品包括学校债券、俱乐部会员资格、艺术品和车辆，而针对清算人的债权人索赔约为 450 亿美元。</p>
</div><p>Lawyers involved expect the liquidation to drag on for years - possibly a decade - with a low payoff for creditors. That grim timeline helps explain the persistent legal pressure to identify any remaining assets linked to the founder.</p>
<div class="lb-trans"><p>参与此案的律师预计，清算过程将持续多年，可能长达十年，债权人获得的回报将很低。这一严峻的时间表有助于解释持续的法律压力，以识别与创始人相关的任何剩余资产。</p>
</div><p>For market-watchers, the case is a reminder that corporate collapses can spawn long, legally congested asset hunts that ripple across creditors, bondholders and anyone exposed to the debtor's paper. Will the receivership turn up meaningful recoveries or just more paperwork? The December 2 ruling will be the next hard data point to pencil into the Evergrande saga.</p>
<div class="lb-trans"><p>对于市场观察者而言，此案提醒人们，企业崩溃可能引发漫长且法律复杂的资产追索，这将波及债权人、债券持有人以及任何与债务人相关的利益相关者。接管是否会带来有意义的回收，还是仅仅更多的文书工作？12 月 2 日的裁决将是恒大传奇中的下一个重要数据点。</p>
</div>

中国恒大的清算人寻求接管人以追踪许家印的 60 亿美元资产 - 香港法官将于 12 月 2 日做出决定