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Chinese court sentences Evergrande founder to life in prison for fraud - AP News

Published by Associated Press By Chan Ho-him · 20 August 2026 at 12:02
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Chinese court sentences Evergrande founder to life in prison for fraud - AP News
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What the report says

A Chinese court has sentenced Hui Ka Yan, founder of property developer Evergrande, to life in prison. The court in the southern city of Shenzhen also fined Evergrande Group and Evergrande Real Estate group a total of $2.35 billion. Evergrande collapsed with …

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