Hui Ka Yan, once Asia's richest person and the founder of China Evergrande, who came to personify the boom and bust of China's property market was sentenced to life in prison last week by a Chinese court. But the collapse of the sector, entering its sixth year, ​remains a drag on the world's second-biggest economy, a pain point for millions of households and a force for export-reliant growth and trade friction for ‌China

Hui Ka Yan, once Asia's richest person and the founder of China Evergrande, who came to personify the boom and bust of China's property market. was sentenced to life in prison last week by a Chinese court. But the collapse of the sector, entering its sixth year, ​remains a drag on the world's second-biggest economy, a pain point for millions of households and a force for export-reliant growth and trade friction for ‌China

Hui Ka Yan, once Asia's richest man and founder of Evergrande Group, was sentenced to life in prison by a Chinese court, five years after the property developer's collapse shook China's economy and financial markets

🇸🇬 TRM Labs' Claudia Hui (Head of Compliance Advisory, APAC) joins an interactive roundtable on navigating the next wave of financial crime risks at @Team_1LoD's Financial Crime Summit Singapore. 🗓️ October 22, 10:40am SGT 🔗 More details:

China is prosecuting Yi Huiman, the former head of its securities regulator, for allegedly accepting bribes, marking the latest step in a broad anti-corruption sweep targeting the country’s financial sector.