Hui Ka Yan also forfeits all his personal property and the company he set up is given hefty fines

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…

Hui was fined 47 million yuan ($6.5 million) in 2024 and banned from China's securities markets for life by the China Securities Regulatory Commission over inflating company…

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