Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in liabilities.
A worker collects trash in a partially shuttered Evergrande commercial complex, on the day Hong Kong Stock Exchange delisted the Chinese property developer China Evergrande, in Beijing, China, Aug. 25, 2025.
Mahesh Kumar A./AP
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Mahesh Kumar A./AP
The decision is a milestone in the saga of Evergrande, which collapsed with more than $300 billion in liabilities after a…
Chinese property developer Hui Ka Yan, founder of the Evergrande real estate group, has been sentenced to life in prison and the…
China Evergrande founder Hui Ka Yan received a life sentence for fraud, marking the end of the property giant's tumultuous saga…
China Evergrande founder Hui Ka Yan received a life sentence for fraud charges. The court also confiscated all of his personal…
Hui was fined 47 million yuan ($6.5 million) in 2024 and banned from China's securities markets for life by the China Securities…
Hui Ka Yan, who had faced eight charges including misuse of funds and illegally taking public deposits, pleaded guilty in April,…
