
TOPSHOT - This handout photo released from the Shenzhen Intermediate People's Court on August 20, 2026 shows Evergrande founder Xu Jiayin (C) during a trial in Shenzhen, southern China's Guangdong province. China sentenced the founder of embattled property giant Evergrande to life in prison and fined the group more than $2 billion on August 20 for offences including fraud, five years after a high-profile default. (Photo by Handout / Shenzhen Intermediate People's Court / AFP via Getty Images) / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / Shenzhen Intermediate People's Court" - HANDOUT - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS




