Xu Jiayin

Wikipedia
People's Republic of China Chinese Communist member of the National Committee of the Chinese People's Political Consultative Conference government

Hui Ka Yan is a Chinese businessman. As chairman of the board and Communist Party secretary of the Evergrande Group, he cultivated a high-profile image as a real estate tycoon during China's property boom. He was arrested in 2023 and pleaded guilty to charges including embezzlement and corporate bribery in 2016.

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Founder of Evergrande, sentenced to life in prison as China's property crisis culminates in court rulings.
Renaissance watches this as a sign of China's economic fragility, which could have spillover effects on global markets.

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