• 11/26/2024

What’s next for Hui Ka-yan after China slapped Evergrande with a 4.2 billion yuan fine and banned him from the markets for life?

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Evergrande, which has the dubious honour as the world’s most indebted developer with more than US$300 billion of liabilities, stands accused of inflating its revenue in the years leading up to its collapse.

https://www.scmp.com/business/banking-finance/article/3255877/china-bans-evergrandes-founder-hui-ka-yan-capital-markets-life-after-fining-developer-42-billion?utm_source=rss_feed