Tycoons spotting: Hui Ka-yan, Wang Xing, Lei Jun and Hong Kong’s trio seen at Communist Party’s centenary party in Beijing

Traders betting on Meituan and China Evergrande Group will have breathed a sigh of relief when the founders of the two troubled companies showed up at the Communist Party’s most important political event of the year.

Wang Xing, the 42-year-old chairman of Meituan, the food delivery giant that is currently the subject of an antitrust probe, was among attendees of the Party’s 100th anniversary celebrations at Tiananmen Square on Thursday morning, according to live television footage. Meanwhile, billionaire Hui Ka Yan, whose China Evergrande is under government pressure to cut its debt levels, was also invited to the gala, according to the company’s public relation officials.