"Hui Ka Yan pleaded guilty in April to several charges, including embezzlement of assets and corporate bribery.
Shenzhen Intermediate People's Court also fined his former companies a total of 15.82bn yuan (£1.73bn; $2.35bn) over multiple crimes, including falsifying records and concealing debt.
Hui's sentencing marks a key moment in the fallout from Evergrande's collapse, which shook China's property sector and hit investors and domestic banks hard."
Framing: assertive ·
First seen: 2026-08-20 ·
Last seen: 2026-08-20 ·
Spread: 1 articles