Chinese court sentences Evergrande founder to life in prison for fraud
The Shenzhen Intermediate People’s Court has sentenced Hui Ka Yan, the founder of China’s Evergrande real estate group, to life in prison Thursday...
Last updated: 2026-08-20 06:17:58 ET
The Shenzhen Intermediate People’s Court has sentenced Hui Ka Yan, the founder of China’s Evergrande real estate group, to life in prison Thursday...
Hui's sentencing marks a pivotal moment in the fallout from Evergrande's collapse, which shook China's property sector.
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