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China jails Evergrande founder for life, fines firm over $2bn

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China jails Evergrande founder for life, fines firm over $2bn
Vanguard
Vanguard1 hrs ago
China jails Evergrande founder for life, fines firm over $2bn
On Thursday, a court in south China fined the firm and its real estate arm a total of 15.82 billion yuan ($2.4 billion).
NDTV
NDTV2 hrs ago
China Evergrande Founder Jailed For Life For Fraud, Firm Fined $2 Billion
Evergrande Group, which was the face of Chinese real estate, defaulted in 2021 after struggling to repay creditors.
Channel NewsAsia
Channel NewsAsia🏁 first to report3 hrs ago
China jails Evergrande founder for life, fines firm more than US$2 billion
A Chinese court ordered all of Hui Ka Yan's personal property confiscated.
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