
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
