China Evergrande's founder pleads guilty to fraud in Shenzhen court

Hui Ka Yan and China Evergrande Group also face ​charges of illegally extending loans, fraudulently issuing securities and bribery by units, ⁠the the Shenzhen ‌Municipal Intermediate People’s Court added, with verdicts to be handed down later, though it ​did not ​set a date.

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