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@kahawatungu Thu, 20 Aug 2026 19:24:44

Founder of collapsed Chinese property giant Evergrande sentenced to life in prison

The founder of Evergrande, the property giant at the centre of Chinas housing market slump, has been sentenced to life in prison and had all of his personal property confiscated. Hui Ka Yan pleaded guilty in April to several charges, including embezzlement of assets and corporate bribery. Shenzhen Intermediate Peoples Court also fined his former [...] The post Founder of collapsed Chinese property giant Evergrande sentenced to life in prison appeared first on Kahawatungu.

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