Xu Jiayin: Hengda will continue to operate the football business
Evergrande group is in debt crisis. Will it withdraw from the field of football? On February 19, Evergrande held a football management meeting. Xu Jiayin, chairman of the board of directors of Evergrande group, said that he would continue to operate the football business and that the positioning of Guangzhou team would be "cradle and platform" in the future. Meanwhile, Wang Yajun, President of Evergrande football school, is also the chairman of Guangzhou football club.
This text is a result of machine translation.
Related companies：
Briefing Jun 27, 2022 01:05 PM
· Real Estate
Putin will soon visit Central Asia and attend the Caspian summit, which is the first visit since the conflict between Russia and Ukraine
In-depth
May 11, 2023 05:07 PM
Dec 14, 2020 08:20 PM
Research
Consumer Discretionary, Healthcare, Real EstateTech for Global, Globalization Footprints of the Established and the New
May 29, 2020 08:30 PM
Research
Technology, Real Estate, Consumer DiscretionaryLow-Carbon Industry Expansion - Key Studies From Chinese Companies
May 28, 2020 12:40 PM
Briefing Apr 25, 2022 03:15 PM
· Financials
The central bank convened a meeting between financial institutions and 12 real estate enterprises, involving the rescue of M & a business
Real Estate · Analysis
An Industry Built on Debt
Real estate has long been the stimulus behind China's rapid economic development. House-buying became an investment as prices soared, thus resulting in overbuild. Evergrande's downfall signals the halt on China's reliance on its real estate sector as the country seeks to regulate and strengthen the economy and its foundation.
Nov 08, 2021 09:42 AM
Briefing Feb 18, 2022 07:39 PM
· Real Estate
Hang Seng Index Company: Evergrande property was excluded from the Hang Seng China enterprise index.
See more
Read next
Insight
In-depth
Automotive · Analysis
Thinking of ASEAN as a single market is the biggest miscalculation for Chinese companies
Updated 6 hours ago
Insight
In-depth
Consumer Staples, Industrials, Communication
You're Invited: China's Innovation, Up Close
Feb 10, 2026 04:21 PM
Insight
In-depth
Automotive · Analysis
CES 2026 in Numbers | From Shenzhen to Las Vegas: Huaqiangbei’s Year-End Report
Jan 15, 2026 09:42 PM