Founder of China's Evergrande Pleads Guilty to Fraud Charges
Hui Ka Yan, founder of the Chinese property developer Evergrande, has pleaded guilty to embezzlement and corporate bribery charges during a public hearing held on 13 and 14 April 2026 in Shenzhen.The Shenzhen Intermediate People's Court confirmed that the verdict will be announced at a later date.Hui expressed remorse during the hearing, which was reported by Chinese state media.Evergrande's collapse in 2021 triggered a significant slump in China's property market, affecting investors and domestic banks.At the time, the company had around 1,300 projects across 280 cities and was known as the world's most indebted property developer with debts of approximately... [Continue Reading]
360LiveNews | 14 Apr 2026 09:06 LONDON
Etihad Airways Adds Five New Routes, 28 Weekly Flights to China
Etihad Airways has announced a significant expansion of its flight network to mainland China, introducing five new destinations and increasing capacity by 28 weekly flights. The airline will now operate 35 weekly flights across six Chinese cities from its base at Abu Dhabi Zayed International Airport. The newly added routes connect Abu Dhabi to Shanghai Pudong, Guangzhou, Chengdu, Hangzhou, and Shenzhen. These services will join the existing daily flight to Beijing Daxing. All flights will be operated using Etihad’s Boeing 787-9 Dreamliner aircraft, configured with 28 business class and 262 economy seats. This ensures a consistent and modern widebody product... [Continue Reading]
Breaking-360LiveNews | 13 Apr 2026 08:20 LONDON
