China jails Evergrande founder for life, fines firm more than US$2bil | TheStarTV.com

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China jails Evergrande founder for life, fines firm more than US$2bil

Published on 20 Aug 2026 3:42:57 PM

Evergrande founder Hui Ka Yan has been sentenced to life in prison and had his assets confiscated after pleading guilty to eight financial crimes, marking a dramatic fall for the billionaire behind China's property giant.

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news, thestartv, the star, evergrande, founder, hui ka yan, life in prison, assets, guilty plea, financial crimes, billionaire, property company

Evergrande founder Hui Ka Yan has been sentenced to life in prison and had his assets confiscated after pleading guilty to eight financial crimes, marking a dramatic fall for the billionaire behind China's property giant.

Read more at https://shorturl.at/CzmXn

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, evergrande, founder, hui ka yan, life in prison, assets, guilty plea, financial crimes, billionaire, property company

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