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EconomyChina Sentences Evergrande Founder Hui Ka Yan to Life in Prison

Evergrande founder Hui Ka Yan was sentenced to life in prison in China, while his former companies were fined 15.82 billion yuan ($2.4 billion). The ruling seals the downfall of a property tycoon who came to represent the country’s real estate boom and bust.

Hui Ka YanChina Evergrandereal estatefraud

BBloomberg News★★★☆☆2026-08-20 04:39Original

China Sentences Evergrande Founder Hui Ka Yan to Life in Prison
China Sentences Evergrande Founder Hui Ka Yan to Life in PrisonEconomy