COURTESY BY: https://www.hindustantimes.com/ The controlling shareholder and former chairman of Seazen Group, one of China’s largest property developers, was sentenced on Wednesday to five years in prison after being convicted him of child molestation. When Wang Zhenhua was arrested last July, shares in the company and its listed units nosedived. At the time, Seazen Group was China’s eighth-largest property developer by sales; it has since slipped to 13th place. The Putuo District People’s Court in Shanghai issued the verdict after a two-day closed-door hearing, according to a statement published on…