The disgraced property tycoon, once Asia’s second-richest man, had turned Evergrande into a poster child of corporate excess during China’s real estate boom.

A Shenzhen court also levies massive fines against the developer’s main units for systematic fraud

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…

A Chinese court ordered all of Hui Ka Yan's personal property confiscated.