Evergrande

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Life imprisonment for the founder of the Chinese real estate giant Evergrande

Xu Jiayin, creator of the Chinese developer Evergrande, has been sentenced in the first instance by the Intermediate People's Court of Shenzhen to life imprisonment. The ruling also includes the withdrawal of his political rights for life and the confiscation of all his assets, after finding him guilty of several...

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Life imprisonment for the founder of Evergrande for fraud in China

A court in the southern Chinese city of Shenzhen has imposed this Thursday a life sentence on the founder and former president of the real estate giant Evergrande, Hui Ka Yan, also known as Xu Jiayin, for "multiple combined offenses," among which is fraud.The sentence also establishes that Hui is...

5 minutos

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