Hong Kong Stock Exchange

China Evergrande faces delisting from the Hong Kong Stock Exchange (HKEX) after failing to meet resumption guidance. Trading of its shares has been suspended since January 29, 2024. The HKEX Listing Committee made the decision, and Evergrande does not intend to seek a review. This marks the end of Evergrande’s 16-year run as a public company, following a liquidation order issued in January 2024, highlighting the severity of its debt crisis.