Evergrande chairman Hui Ka Yan jailed following developer’s default almost five years ago

Almost five years after Evergrande triggered a property crisis in China, its disgraced founder Hui Ka Yan has been sentenced to life in prison.

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.