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Evergrande to Delist in China Housing Crisis Milestone

Published 2 months ago • Aug 12, 2025 at 11:37 PM • Positive
Evergrande to Delist in China Housing Crisis Milestone
Auto
China Evergrande Group said its Hong Kong stock will be delisted, according to a filing to the Hong Kong bourse on Tuesday. The shares will be removed on Aug. 25 and the Guangzhou-based company won't apply for a review of the exchange's decision. Evergrande was once China's largest developer by sales, and was worth more than $50 billion in 2017 at its peak. Bloomberg's Minmin Low reports.

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