Evergrande founder sentenced to life in prison
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Hui Ka Yan, founder of Evergrande and once China's richest man, was sentenced to life in prison for fraud and embezzlement.
Once China's richest man, disgraced property tycoon Xu Jiayin looked worn as a court in China handed the now white-haired ...
Hui Ka Yan’s punishment caps the downfall of a property empire whose collapse set off a prolonged crisis in the Chinese ...
China Evergrande Group’s creditors have known for years they’ll only get pennies on the dollar back in one of the country’s ...
Evergrande’s inevitable collapse was triggered by its massive debt, which also sent shockwaves in China’s economy. Experts ...
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