The head of the highly indebted Chinese property group Evergrande is to be banned from trading shares for life, the company said late on Monday. Hui Ka Yan was also fined 47 million yuan (around $6.5 million) by the China Securities Regulatory Commission (CSRC) for various financial offences. In addition, the stock market regulator has fined the company 4.2 billion yuan and penalized other executives. Evergrande was accused of artificially increasing its turnover by more than 560 billion yuan in 2019 and 2020. The property developer is said to have issued bonds based on this false information….