China Evergrande to Be Delisted Amid Real Estate Market Downturn

Date:

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

spot_imgspot_imgspot_img

Share post:

More like this
Related

CDC Supporting Efforts to Withdraw Americans Affected by Congo Ebola Outbreak

A general view of Bunia, where Ebola outbreaks have...

Iran Says US Negotiations Ongoing Through Pakistan

The Iran-flagged tugboat Basim sails near a ship anchored...

USS Gerald R. Ford Returns Home After Record 11-Month Deployment

Juan Caceres kisses Heidi Eckstein after disembarking aircraft carrier...

Overnight Demolitions in Eastern China Spark Claims of Forced Evictions, Intimidation

Local authorities in the Chinese city of Hefei carried...