The founder of the collapsed Chinese property giant Evergrande, Hui Ka Yan, has been sentenced to life in prison and had all personal property confiscated. He pleaded guilty to embezzlement and bribery charges.

• Evergrande and its executives were fined a total of 15.82 billion yuan (approximately $2.35 billion) for crimes including falsifying records and concealing debt.
• The sentencing of Hui Ka Yan, once Asia's richest man, marks a significant moment in the fallout of Evergrande's collapse, which has deeply impacted China's property sector.
• Other executives, including Hui's sons, received jail terms ranging from 22 months to 18 years.