US EditionChina Evergrande to Delist From Hong Kong Exchange After 18-Month Trading Halt
Evergrande failed to resume trading within the 18-month suspension after a liquidation order amid a $45 billion creditor claim, marking a major milestone in China’s property debt crisis.
- China Evergrande Group faces delisting from the Hong Kong Stock Exchange on August 25, 2025, after failing to resume trading per listing rules, the filing says.
- Under exchange rules, 18 months of suspension triggers delisting, and on Aug. 8 the Hong Kong stock exchange notified Evergrande it would cancel its listing for not resuming trading by Jul. 28.
- In 2009, the firm listed as Evergrande Real Estate Group and suspended its share trading on Jan. 29, 2024, when trading was halted.
- Share certificates will remain valid but untradeable from 9am on August 25, 2025, after the last listing day on August 22, 2025, the filing said.
- Amid China’s property downturn, Evergrande’s liquidation could take over a decade, offshore investors warn, as the company once amassed more than US$300 billion in liabilities.
73 Articles
73 Articles
China’s property crisis icon Evergrande will delist following debt woes
The severely indebted real estate developer China Evergrande, already in the process of liquidation, said on Tuesday it will be delisted from Hong Kong’s stock exchange on Aug. 25, another setback to mainland China’s property sector.
China Evergrande: A Real Estate Giant's Fall from Grace
China Evergrande is set to be delisted from Hong Kong's stock exchange after failing to address its massive debts. Once the most indebted real estate developer globally, Evergrande's challenges mirror the broader crisis in China's property sector. Its downfall is exacerbated by financial and legal woes.
Failed Chinese developer Evergrande to delist from Hong Kong exchange
China Evergrande Group, the world’s most indebted real estate firm, said Tuesday it will be delisted from Hong Kong’s stock exchange, a landmark moment in China’s yearslong property crisis. Evergrande also said liquidators have recovered only $255 million of assets in 18 months, including a Claude Monet painting. The company was a poster child of China’s property boom in the 2010s, but its collapse beginning in 2021 came to embody the sector’s w…
China Evergrande to be delisted in HK on Aug 25
China Evergrande (3333), the world's most indebted property developer, said on Tuesday its shares will be delisted from the Hong Kong Stock Exchange on August 25 after they failed to resume trading per listing rules. Shares of Evergrande, once China's top developer which was listed in Hong Kong in 2009, are facing delisting after having been suspended from trading since January 29, 2024, the day it received a liquidation order from the Hong Kong…
Coverage Details
Bias Distribution
- 40% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
