Published Aug 20, 2026, 12:16 AM ET · Updated 3 months ago · 6 sources

China Sentences Evergrande Founder Hui Ka Yan to Life in Prison

bloomberg

Original Report

China sentenced China Evergrande Group’s founder Hui Ka Yan to life imprisonment and fined the group and an affiliate a total of 15.82 billion yuan ($2.4 billion), cementing the downfall of the property tycoon who exemplified the country’s real estate boom and bust.