Thursday, 20 August 2026 Newsarchy UK live index
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China Evergrande Group

Hui Ka Yan sentenced to life in prison for fraud by Shenzhen court

Hui Ka Yan sentenced to life in prison for fraud by Shenzhen court

China Evergrande founder Hui Ka Yan has been sentenced to life in prison for large-scale fraud by a Shenzhen intermediate people's court.

Business ·20 Aug 2026, 12:38 ·Maeve Turner 3 min read
Chinese court sentences founder of property developer Evergrande to life in prison

Chinese court sentences founder of property developer Evergrande to life in prison

The Shenzhen Intermediate People's Court sentenced Evergrande founder Hui Ka Yan to life in prison, confiscated his property, and issued billions in corporate fines following large-scale financial fraud.

Business ·20 Aug 2026, 11:33 ·Maeve Turner 4 min read