Chinese court sentences founder of troubled property developer Evergrande to life in prison

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Chinese court sentences founder of troubled property developer Evergrande to life in prison
Image credit: Dt Next
Source: Dt Next

Chinese court sentences founder of troubled property developer Evergrande to life in prison

Chinese property developer Hui Ka Yan, founder of the Evergrande real estate group, has been sentenced to life in prison and the companies fined a total of USD 2.3 billion, a court in the southern city of Shenzhen said Thursday

Key Points

  • Chinese property developer Hui Ka Yan, founder of the Evergrande real estate group, has been sentenced to life in prison and the companies fined a total of USD 2.3 billion, a court in the southern city of Shenzhen said Thursday

Published: August 20, 2026 9:30 am


Source: Dt Next

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