China Evergrande founder Hui Ka Yan pleads guilty to illegal fundraising in landmark fraud trial

by Theleaders | April 14, 2026 2:22 pm

BEIJING, April 14 — ‌China ​Evergrande Group’s founder Hui ‌Ka Yan pleaded ​guilty to charges including ​illegal absorption of public deposits and ‌fundraising ⁠fraud ⁠in ⁠a court in ⁠Shenzhen, ⁠which held a ⁠trial of the case against the ⁠group and Hui on Monday and ⁠Tuesday, state ⁠media ⁠Xinhua ​reported. 

Source URL: https://theleaders-online.com/china-evergrande-founder-hui-ka-yan-pleads-guilty-to-illegal-fundraising-in-landmark-fraud-trial/