China Sentences Evergrande Founder to Life in Prison
Evergrande founder Hui Ka Yan was sentenced to life in prison on August 20, 2026, by the Shenzhen Intermediate People’s Court after pleading guilty to eight charges, including large-scale financial fraud and bribery, following the $300 billion collapse of the world’s most indebted property developer. The legal reckoning for China’s most notorious property tycoon concluded … Read more