Evergrande Founder Hui Ka Yan Sentenced to Life in Prison for Fraud
Hui Ka Yan, founder of China's Evergrande Group, has been sentenced to life in prison and had his assets seized, marking a dramatic turn for China's real estate sector amid a deepening property crisis.
Read the full story → · Latest coverage 21 Aug 2026, 9:14 am UTC
Key moments · 5
Evergrande's debt crisis begins to surface
Financial Times ↗Chinese regulators intensify scrutiny of Evergrande
Deutsche Welle ↗Evergrande founder sentenced to life for fraud and bribery
NDTV News - World-news News ↗Evergrande fined up to $2.3 billion by Chinese court
Time.news ↗Court accepts bankruptcy liquidation petition for Evergrande
South China Morning Post ↗





