Asia’s Former Richest Man Faces Debt Crunch While Chasing Electric Car Dream

Asia’s Former Richest Man Faces Debt Crunch While Chasing Electric Car Dream

Hui Ka Yan, chairman of Evergrande, at a news conference in Hong Kong. Justin Chin/Bloomberg Real estate tycoon Hui Ka Yan is pushing ahead with his ambitious plan to become the Elon Musk of China by ploughing billions of dollars into electric vehicles, bu…
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