China Sentences Evergrande Founder Hui Ka Yan to Life Following Massive Fraud

China Sentences Evergrande Founder Hui Ka Yan to Life Following Massive Fraud

Bisnow reports that a court in Shenzhen has handed a life sentence to the founder of Evergrande for his role in the developer's ruinous financial collapse. The ruling follows investigations into a debt crisis that began in 2021 and eventually triggered a liquidation order for the

Bisnow reports that a court in Shenzhen has handed a life sentence to the founder of Evergrande for his role in the developer's ruinous financial collapse. The ruling follows investigations into a debt crisis that began in 2021 and eventually triggered a liquidation order for the