Xu Jiayin's ex-wife was reported to have spent 500 million RMB on buying 33 luxury homes in London.
Recently, the Hong Kong Commercial Daily cited foreign media reports that Ding Yumei, the ex-wife of China Evergrande founder Xu Jiayin, was accused of obtaining several hundred billion yuan in dividends from Evergrande through a "technical divorce." Nine months after Evergrande defaulted on its loans, Ding Yumei used five offshore companies to purchase 33 luxury homes in London for a total of 49.8 million pounds, but the documents did not mention the purchase date.
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