It's getting worse! After the court's intervention, Wang Jianlin has once again received bad news, and his situation is now close to Xu Jiayin's.

Everyone thought Wang Jianlin had already safely landed, but is reality really that beautiful?
Just these days, a court ruling for joint liability exceeding 3.8 billion directly pushed this 70-year-old man to the brink of a cliff.
Has he fought to save himself for seven years, only to ultimately fail and end up like Xu Jiayin?
A conclusion "infinitely approaching" Xu Jiayin?
When Wang Jianlin's assets are being seized and Wanda is gradually being dismantled, many people's minds will naturally think of another name: Xu Jiayin behind bars.
These two former Chinese billionaires, although on different paths, now present a situation with a suffocating sense of convergence.
From the surface of the outcome, they are indeed "infinitely approaching" each other.
Both have fallen from the throne of a trillion-yuan billionaire and lost control of the business empire they built with their own hands.
Xu Jiayin faces extreme debt collection worldwide from bankruptcy trustees, with even his wife's living expenses in the UK being strictly limited; while Wang Jianlin faces enforced execution by domestic judicial arbitration, with his personal financial freedom and reputation potentially collapsing at any moment.
Their reliance on the "high leverage, heavy assets" model has been ruthlessly crushed by the immense forces of the real estate downturn, becoming casualties of the era.
But if we equate Wang Jianlin and Xu Jiayin simply based on this, it shows ignorance of business laws.
The crises they face are fundamentally different.
Xu Jiayin is heading toward an abyss involving suspected fraud issuance and illegal asset transfer.
His series of actions on the eve of Evergrande's collapse, whether it was the so-called technical divorce or establishing family trusts overseas, are essentially schemes to harm homebuyers and the country's interests, trying to escape responsibility.
He is facing the most severe criminal prosecution under national law.
Meanwhile, Wang Jianlin's current predicament remains within the scope of civil and commercial debt.
Confronted with astronomical debts, he did not choose to lie flat or pass the mess to society, but instead swallowed the bitter pill one by one.
Selling equity, selling core assets, and putting personal joint guarantees on the line—this is a compliant, ethically sound form of ultimate liquidation.