Chinese court sentences founder of property developer Evergrande to life in prison

Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in liabilities.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/8200x5467+0+0/resize/8200x5467!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F56%2Ff3%2F80bb63e74a148f347cf5464e17fa%2Fap26232181538113.jpg' alt='A worker collects trash in a partially shuttered Evergrande commercial complex, on the day Hong Kong Stock Exchange delisted the Chinese property developer China Evergrande, in Beijing, China, Aug. 25, 2025.'/><p>Chinese property developer Hui Ka Yan has been sentenced to life in prison. The decision marks a milestone in Evergrande's saga after it collapsed with more than $300 billion in liabilities.</p><p>(Image credit: Mahesh Kumar A.)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5939335' />