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The Latest Breaking News from Hui Ka Yan

Evergrande: Chinese firm and founder fined over $78bn fraud claims

Property developer fined $580m and its chairman, Hui Ka Yan, fined $6.5m for allegedly falsifying its revenues

The Guardian - UK

Behind China Evergrande's Overhaul: People Driving Indebted Developer's Reformation

Discover the key players driving the restructuring efforts of China Evergrande, the troubled property developer grappling with a massive debt crisis.

Top News

£138m price agreed for Mayfair mansion in London's most expensive home sale of 2023

Billionaire Adar Poonawalla is set to buy Aberconway House in the biggest deal of the year

Evening Standard

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China Evergrande’s founder is no longer a billionaire after the man once worth $42 billion loses 98% of his wealth

Property tycoon Hui Ka Yan was once Asia’s second-richest person.

Fortune

Evergrande, the ‘runaway’ developer that could become a wrecking ball for China’s economy

The regulatory crackdown that sparked arrests and a debt crisis in China’s second-biggest developer may do more harm than good to market, say analysts

The Guardian - AU

Evergrande shares soar as trading in crisis-hit China firm resumes

Stock was suspended after report billionaire founder Hui Ka Yan was under police surveillance

The Guardian - UK

China Evergrande soars after property developer's stocks resume trading

Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week

The Independent UK

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China's Evergrande crisis: The rise and fall of Hui Ka Yan

China's Evergrande has announced that its founder is being investigated for "illegal crimes". It's the latest twist for world's most indebted property developer. We take a look at the rise and fall of Hui Ka Yan, who was once China's richest person. Next, we head to India to explore the…

France 24

Evergrande spirals even further after halting its shares and admitting its billionaire chairman is detained due to 'suspicion of illegal crimes'

Evergrande's shares only resumed trading a month ago—and have lost 80% of their value since then.

Fortune

Evergrande halts share trading as woes mount for China property giant

Suspension comes a month after developer resumed trading and follows its chair reportedly being put under police surveillance

The Guardian - AU

Morrisons boss to step down; UK approval of Rosebank oilfield condemned as ‘environmental vandalism’ – as it happened

Supermarket names Rami Baitiéh as CEO; go-ahead for Equinor to develop largest oilfield in UK waters outrages campaigners

The Guardian - UK

Chair of China’s Evergrande reportedly put under police surveillance

Another missed bond payment raises doubts over future of world’s most indebted property developer

The Guardian - UK

This Chinese billionaire has lost $39 billion from his personal fortune

The real estate mogul has also been removed from high profile political networks.

Fortune

Troubled China Evergrande pledges to repay debts in 2023

Beijing (AFP) - China Evergrande has pledged to repay its debt this year, as the property giant faces a restructuring following Beijing's crackdown on excessive borrowing and rampant speculation in the real estate sector.

AFP

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The Guardian - UK

Yours for £200m? UK’s most expensive house goes up for sale, again

Seven-storey Knightsbridge property overlooking Hyde Park has more living space than American football pitch

People

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