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Chinese court sentences founder of property developer Evergrande to life in prison
A worker collects trash in a partially shuttered Evergrande commercial complex, on the day Hong Kong Stock Exchange delisted the Chinese…
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A worker collects trash in a partially shuttered Evergrande commercial complex, on the day Hong Kong Stock Exchange delisted the Chinese property developer China Evergrande, in Beijing, China, Aug. 25, 2025. Mahesh Kumar A./AP hide caption BEIJING — Chinese property developer Hui Ka Yan, founder of the Evergrande real estate group, has been sentenced to life in prison and the companies fined a total of $2.3 billion, a court in the southern city of Shenzhen said Thursday.
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