Shanghai Daily(@shanghaidaily):Xu Jiayin, founder of Evergrande, has been sentenced to life imprisonment by a Shenzhen court today — alongside fines of ¥8.82B on Evergrande Group and ¥7B on Evergrande Real Estate, lifetime loss of political rights, and full confiscation of personal assets.

Shanghai Daily

@shanghaidaily

@ShanghaiDaily, the official English-language newspaper in Shanghai, provides you with breaking news, in-depth opinions and insightful analysis.

参加 January 2009

1.1K フォロー中 394.9K ファン

Shanghai Daily@shanghaidaily

2026.08.20 04:16

Xu Jiayin, founder of Evergrande, has been sentenced to life imprisonment by a Shenzhen court today — alongside fines of ¥8.82B on Evergrande Group and ¥7B on Evergrande Real Estate, lifetime loss of political rights, and full confiscation of personal assets.