Evergrande boss and founder accused of $78 billion fraud
Struggling Chinese property giant Evergrande and its founder, Hui Ka Yan, have been accused of inflating revenues by $78bn (£61.6bn) in the two years before the firm defaulted on its…
Court orders liquidation of Evergande in debt of $300 billion USD
A Hong Kong court has issued an order for the liquidation of China Evergrande Group, a major property developer in China. This decision is likely to have significant repercussions in…