Evergrande real estate group
Chinese court sentences founder of troubled property developer Evergrande to life in prison
HONG KONG | A Chinese court sentenced Chinese property tycoon Hui Ka Yan to life in prison for financial crimes linked to the collapse of his Evergrande real estate group, once the world’s most heavily indebted developer. The decision marks a milestone in Evergrande’s saga after it defaulted on more than $300 billion in liabilities […]