Thursday, 20 August 2026 Newsarchy UK live index
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Shenzhen Intermediate Peoples Court

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