Hui Ka Yan, the founder of the Chinese property developer Evergrande, has been sentenced to life in prison. This ruling follows the company's collapse, which left it with over $300 billion in liabilities.
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Hui Ka Yan, Founder of Evergrande, Sentenced to Life in Prison
Hui Ka Yan, founder of Evergrande, has received a life sentence following the company's significant financial collapse. Evergrande's liabilities exceeded $300 billion.
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Chinese court sentences founder of property developer Evergrande to life in prison
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Hui Ka Yan, Founder of Evergrande, Sentenced to Life in Prison