A Chinese court has sentenced Hui Ka Yan, founder of property developer Evergrande, to life in prison. The court in the southern city of Shenzhen also fined Evergrande Group and Evergrande Real Estate group a total of $2.35 billion. Evergrande collapsed with …
HONG KONG (AP) Chinese property developer Hui Ka Yan, founder of the Evergrande real estate group, has been sentenced to life in prison and the companies were fined a total of more than $2 billion, a… [+3760 chars]
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