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

Chinese court sentences founder of property developer Evergrande to life in prison
NPR Business Thursday 20 August 2026, 07:31 UTC By The Associated Press 1 min read
Key Points

Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in liabilities.(Image credit: Mahesh Kumar A.)

Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in liabilities.

(Image credit: Mahesh Kumar A.)

[Image text:] WUMART 79173 138107917
Chinese (ORG) Hui Ka Yan (PERSON) Evergrande (ORG) Mahesh Kumar A. (PERSON)
Originally published by NPR Business Read original →

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