Guangzhou court allows bank to apply for Evergrande bankruptcy liquidation
Xu Jiayin, former chairman of Evergrande Group, was sentenced to life imprisonment on Thursday for a string of financial and corporate crimes, while the group and its property arm were fined a combined 15.82 billion yuan ($2.35 billion), according to the Shenzhen Intermediate People's Court.
2026-08-22 15:46:28