China Evergrande Crisis: Detained Chairman’s Secret Struggles

Sharing is Caring!

Hui Ka Yan, chairman of China Evergrande Group, has been moved to a special detention center in Shenzhen, as the property giant faces a crisis. He has not been publicly seen since his detention a year ago. Evergrande’s liquidation and securities fraud scandals highlight China’s property sector’s troubles

Despite his previous status as China’s richest man, Hui has not faced formal charges.

https://www.devdiscourse.com/article/law-order/3084016-china-evergrande-crisis-detained-chairmans-secret-struggles

China suspends PwC for six months, fines firm $62 million over evergrande audit issues
https://www.msn.com/en-ca/money/topstories/beijing-suspends-pwc-s-china-unit-for-six-months-in-record-penalty-over-evergrande-audit/ar-AA1qvW1k


Views: 149