China Evergrande to Be Delisted Amid Real Estate Market Downturn

1 Min Read
China Evergrande to Be Delisted Amid Real Estate Market Downturn

Evergrande’s downfall triggered the beginning of China’s property crisis.

China Evergrande to Be Delisted Amid Real Estate Market Downturn

A man walks past a map of China, which shows Evergrande commercial complexes at the company’s partially operating commercial complex in Beijing on Jan. 29, 2024. Greg Baker/AFP via Getty Images

James Xu

|Updated:

China Evergrande Group will be delisted from the Hong Kong Stock Exchange on Aug. 25, ending its public trading era after a court-ordered liquidation and 18-month trading halt.

The Stock Exchange notified the company on Aug. 8 that trading had not resumed by July 28, leaving no avenue for review.

James Xu

Author’s Selected Articles

Share This Article