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Evergrande Founder Hui Ka Yan Pleads Guilty to Fraud

Evergrande founder Hui Ka Yan pleaded guilty to fraud in a Shenzhen court, with additional charges including illegal loan extension, fraudulent securities issuance, and bribery pending against him and the company. The case represents the most significant criminal proceeding to emerge from China's property sector debt c

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Tag

shenzhen-court

China Evergrande founder Hui Ka Yan pleads guilty to fraud

Evergrande founder Hui Ka Yan pleaded guilty to fraud in a Shenzhen court, with additional charges including illegal loan extension, fraudulent securities issuance, and bribery pending against him and the company. The case represents the most significant criminal proceeding to emerge from China's property sector debt c

2mo ago · 1 min · Global Affairs

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