China: A Life Sentence for Evergrande’s Founder, and What It Signals
Published: August 22, 2026 On August 20, a court in Shenzhen sentenced Hui Ka Yan, founder of China Evergrande Group and once Asia’s richest man, to life in prison for fraud, bribery, and related financial crimes tied to the collapse of his property empire. Evergrande Group and its real estate arm were fined a combined … Read more