Hui Ka Yan, the founder of defunct Chinese real estate (RE) development giant China Evergrande Group, has pleaded guilty to eight charges, including embezzlement and fraud, but it won't make it easier for creditors to recover debts exceeding €250 billion.
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Hui Ka Yan, the founder of defunct Chinese real estate (RE) development giant China Evergrande Group, has pleaded guilty to eight charges, including embezzlement and fraud, but it won't make it easier for creditors to recover debts exceeding €250 billion.