China Evergrande to be delisted from Hong Kong stock exchange following debt woes
The heavily indebted real estate developer, China Evergrande, is set to be delisted from Hong Kong's stock exchange on August 25
ByKANIS LEUNG Associated PressAugust 12, 2025, 8:23 AMalready 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.Evergrande was the world’s most heavily indebted real estate developer, with over $300 billion owed to banks and bondholders, when the court handed down a liquidation order in January 2024. The court had ruled that the company had failed to provide a viable restructuring plan for its debts, which fueled fears about China’s rising debt burden, and Търговията с акциите му е спряна след решението.
Правилата на града плануват, че описът на фирмите може да бъде анулиран, в случай че търговията с техните скъпи бумаги остава спряна за 18 месеца поредно.
China Evergrande Group получи писмо на 8 август от фондов...
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