A trial held by Shenzhen court brought the company and its former chairman up on charges including embezzlement and corporate bribery
1-MIN READ1-MIN ListenPeggy SitoPublished: 12:26pm, 14 Apr 2026Updated: 12:35pm, 14 Apr 2026As part of a public trial held by the Shenzhen Intermediate People’s Court, China Evergrande Group founder and former chairman Hui Ka-yan admitted guilt and expressed remorse over a set of charges including embezzlement of corporate assets and corporate bribery, according to a statement issued by the court.
The trial was held on Monday and Tuesday, and the court will issue its judgement at a later date.
More to follow ...
