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🚨 THE ONCE-RICHEST TYCOON IN ASIA GOT A LIFE SENTENCE Hui Ka Yan - founder of Evergrande - was sentenced to life in prison by a Shenzhen court and had all his assets confiscated, while the group was fined $2.3 billion for large-scale financial fraud, closing a tragic chapter for an empire that once carried $300 billion in debt and shook China's economy.

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