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Guangzhou court accepts Chinese developer Evergrande Group's bankruptcy liquidation application
The Guangzhou Intermediate People's Court on Friday announced to accept the bankruptcy liquidation application filed by Huaxia sub-branch of Guangzhou Rural Commercial Bank Co Ltd against Chinese real estate developer Evergrande Group, a day after former Evergrande chairman Xu Jiayin was sentenced to life imprisonment for financial crimes.
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npr.org
Chinese court sentences founder of property developer Evergrande 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…
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abcnews.com
Chinese court sentences Evergrande founder to life in prison for fraud
The Shenzhen Intermediate People’s Court has sentenced Hui Ka Yan, the founder of China’s Evergrande real estate group, to life in prison Thursday for large-scale fraud
