š 15.82 billion yuan in fines accompanied Hui Ka Yan'sā¦
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š 15.82 billion yuan in fines accompanied Hui Ka Yan's life sentence in the Evergrande case, whose judgment followed years of financial-fraud findings.
On 20 August 2026, the Shenzhen Intermediate People's Court sentenced Evergrande founder Hui Ka Yan, also known as Xu Jiayin, to life imprisonment in a first-instance criminal judgment. The case connected large-scale financial fraud, fundraising and lending offences to the debt crisis at China Evergrande Group; it also imposed fines on Evergrande and its main property subsidiary.
https://nutanica.com/Evergrande_founder_Hui_Ka_Yan_sentenced_to_life_in_prison
On 20 August 2026, the Shenzhen Intermediate People's Court sentenced Evergrande founder Hui Ka Yan, also known as Xu Jiayin, to life imprisonment in a first-instance criminal judgment. The case connected large-scale financial fraud, fundraising and lending offences to the debt crisis at China Evergrande Group; it also imposed fines on Evergrande and its main property subsidiary.
https://nutanica.com/Evergrande_founder_Hui_Ka_Yan_sentenced_to_life_in_prison
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