The title of China’s wealthiest person is likely to change hands this month should Evergrande Real Estate list successfully in Hong Kong, the Financial Times reported. The company is looking to raise up to US$2.1 billion through the sale of 20% of its enlarged share capital. Half the funds are set to be used to pay for land that Evergrande has already bought and, following the government clampdown on credit to the real estate sector, may be unable to pay for through conventional bank loans. If the offering is priced at the top end of its HK$3.50-5.60 (US$0.45-0.72) range, Xu Jiayin, the 49-year-old owner of Evergrande, will be worth as much as US$7.1 billion. China’s current richest person is 26-year-old Yang Huiyan, daughter of the founder of Hong Kong-listed property developer Country Garden.