EconomyEvergrande founder Hui Ka Yan sentenced to life in prison
A Shenzhen court has sentenced Evergrande founder Hui Ka Yan to life imprisonment for crimes including fundraising fraud, embezzlement and corporate bribery. His personal assets will be confiscated and illegal gains recovered, while Evergrande Group and Evergrande Real Estate were fined a combined 15.82 billion yuan. Five senior executives were also sentenced.
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BBC Chinese★★★☆☆2026-08-20 06:43Original
Evergrande founder Hui Ka Yan sentenced to life in prison
Economy