China Sentences Evergrande’s Hui to Life in Prison

China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison — cementing the downfall of a property tycoon who exemplified the country’s real estate boom and bust....

By Bloomberg Markets · Bloomberg Markets

China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison — cementing the downfall of a property tycoon who exemplified the country’s real estate boom and bust. Nicole Sy explains. (Source: Bloomberg)