新京报讯 8月20日，香港交易所发布公告：8月25日9时起，中国恒大集团的上市地位将予以取消。 编辑 刘佳妮 ...

HKEX 香 港 交 易 所 香港聯合交易所有限公司 (香港交易及結纂所有限公司全資附屬公司) THE STOCK EXCHANGE OF HONG KONG LIMITED (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) 捅告 關於 中國恒大集團(清盤中) ( 於開曼群島註冊成立之有限公司 ) ( 股份代號：3333 ) 取消上市地位 香港聯合交易所有限公司(聯交所)宣布·由2025年8月25日上午 9 時起·中國恒大集 團（清盤中）（該公司）的上市地位將根據《上市規則》第 6.01A(1)條予以取消 · 聯交所宣布·由 2025年8月25日上午 9 時起·該公司的上市地位將根據《上市規則》第 6.01A(1)條予以取消。 該公司的股份自 2024 年 1 月 29 日起已暫停買賣。根據《上市規則》第 6.01A(1)條 · 若該 公司未能於 2025 年 7 月 28 日或之前復牌 · 聯交所可將該公司除牌。 該公司未能於 2025 年 7 月 28 日或之前履行聯交所訂下的復牌指引而復牌·於 2025 年 8 ...

Core Viewpoint - China Evergrande Group (03333) announced that the Hong Kong Stock Exchange will cancel its listing status starting from 9:00 AM on August 25, 2025, in accordance with Listing Rule 6.01A(1) [1] Group 1 - The cancellation of the listing status indicates significant regulatory action against the company [1] - This decision reflects ongoing challenges faced by the company in maintaining compliance with listing requirements [1] - The timeline for the delisting provides a clear deadline for stakeholders to consider their positions [1]

每经AI快讯，8月20日，港交所公告，由2025年8月25日上午9时起，中国恒大的上市地位将根据《上市 规则》第6.01A(1)条予以取消。 ...

格隆汇8月20日丨中国恒大(03333.HK)发布公告，由2025年8月25日上午9时起，该公司的上市地位将根 据《上市规则》第6.01A(1)条予以取消。 ...

智通财经APP讯，中国恒大(03333)发布公告，联交所宣布，由 2025 年 8 月 25 日上午 9 时起，该公司的 上市地位将根据《上市规则》第 6.01A(1)条予以取消。 ...

香港聯合交易所有限公司 (香港交易及結算所有限公司全資附屬公司) 該公司的股份自 2024 年 1 月 29 日起已暫停買賣。根據《上市規則》第 6.01A(1)條，若該 公司未能於 2025 年 7 月 28 日或之前復牌，聯交所可將該公司除牌。 該公司未能於 2025 年 7 月 28 日或之前履行聯交所訂下的復牌指引而復牌。於 2025 年 8 月 8 日，上市委員會決定根據《上市規則》第 6.01A(1)條取消該公司股份在聯交所的上市 地位。 聯交所已要求該公司刊發公告，交代其上市地位被取消一事。 聯交所建議，該公司股東如對除牌的影響有任何疑問，應徵詢適當的專業意見。 THE STOCK EXCHANGE OF HONG KONG LIMITED (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) 通告 關於 中國恒大集團（清盤中） （於開曼群島註冊成立之有限公司） （股份代號：3333） 取消上市地位 香港聯合交易所有限公司（聯交所）宣布，由 2025 年 8 月 25 日上午 9 時起，中國恒大集 團（清盤 ...

2025年夏天，美国加州尔湾一个名叫"62 Como"的豪宅里，住着一位"退休总裁"和他的12岁儿子。他叫夏海钧，曾是中国地产帝国恒大最风光的"二当家"， 如今，却是全球债权人眼中的"头号逃逸者"。 而与此同时，郑州某烂尾楼的业主老王，正踩着没铺好的钢筋爬上 18 楼，给自家毛坯房的窗户贴上塑料布 —— 这已经是他第 17 次来查看施工进度了。 一个在海外豪宅岁月静好，一个在烂尾楼里苦苦等待。 恒大暴雷 4 年后，这样魔幻的对比还在持续上演。最近香港法院冻结夏海钧 600 亿资产的消息，让这个曾经的 "打工皇帝" 再次被推上风口浪尖。 可老百姓更关心的是：他转移到美国的 3 亿豪宅能不能追回来？那些掏空六个钱包买房的家庭，什么时候才能住进自己的家？ 夏海钧的操作，简直是教科书级别的 "跑路示范"。2007 年他加入恒大时，许家印拍着他的肩膀说："老夏，跟着我干，保证你这辈子不愁钱花。" 这话还真 没说错，只不过最后是在恒大爆雷后，夏海钧带着钱跑到了美国。 第一步：高薪套现，悄悄铺路 2017 年，夏海钧的年薪高达 2.7 亿，平均每天进账 74 万，比很多上市公司一年的利润还多。那时候恒大的债务已经像滚雪球一 ...

Group 1 - China Evergrande announced its delisting on August 25, marking the end of its 16-year presence in the capital market [1] - The company has had profound lessons and impacts on the Chinese real estate industry, with its consumer segment, particularly Evergrande Spring, managing to escape the fallout [2] - Evergrande Spring became a notable marketing case in the fast-moving consumer goods sector after its debut during the AFC Champions League final 12 years ago [3] Group 2 - The ambitious sales targets for Evergrande Spring included reaching 10 billion yuan in sales by 2014 and 30 billion yuan by 2016, with a long-term goal of 15 million tons in sales over ten years [4] - Despite the initial hype, Evergrande Spring faced significant challenges, achieving only 1.09 billion yuan in sales in 2014, which was about 10% of its annual target, and incurring a loss of 2.37 billion yuan [11] - The company struggled with a high-end market positioning, as the bottled water sector was dominated by lower-priced products, leading to a price reduction in 2015 [16] Group 3 - Evergrande's consumer business, including Evergrande Spring, was sold off in 2016 for 2.7 billion yuan, with the bottled water business sold for 1.8 billion yuan [16] - After the sale, Evergrande Spring was rebranded under the control of the Cuilin Group, distancing itself from Evergrande [20] - The Cuilin Group, which took over Evergrande Spring, has diversified interests in various sectors, including bottled water and grain [21]

Group 1: Commercial Real Estate Trends - The commercial real estate sector is experiencing a divergence, with leading companies like China Resources Land reporting a rental income of 18.56 billion yuan, a 12.2% increase, while weaker firms like China Evergrande face liquidation [2] - The average rental rate for retail properties under CapitaLand China Trust has decreased by 2.7%, yet occupancy remains high at 96.9%, indicating a scarcity of quality properties [2] - The industry is entering a new phase of competition focused on asset quality and operational capabilities, highlighting a "Matthew Effect" where the strong continue to thrive [2] Group 2: Outlet Market Developments - There is a surge in outlet development, with projects like the 3 billion yuan Panda-themed outlet in Chengdu and a 4 billion yuan "Outlet + Amusement Park" complex in Dongguan [3] - Vipshop's outlet same-store sales have seen double-digit growth, and the company is initiating a 3.48 billion yuan REIT fundraising, reflecting strong market confidence in this sector [3] - The trend indicates a rising concentration in the industry, with large-scale, themed, and experiential projects becoming the norm, putting pressure on smaller, homogeneous traditional outlets [3] Group 3: Retail Sector Transformation - Traditional retail is undergoing significant changes, with companies like Bubugao reporting a net profit of over 200 million yuan, largely due to adopting the "Fat Donglai model" which involves closing inefficient stores and revamping potential ones [4] - The first "Fat Donglai self-reform" store by Metro in Beijing has opened, confirming the replicability of this model [4] - In contrast, brands lacking differentiation and user experience, such as GU and Tsutaya Bookstore, are facing closures, indicating a shift towards user experience-centric retail [4] Group 4: Duty-Free Market Growth - The opening of the first city duty-free stores in Shenzhen and Guangzhou marks a significant development in the duty-free economy, following the implementation of new policies [5] - South Korea's announcement of visa-free entry for Chinese group tourists is expected to boost duty-free shopping, with Lotte Duty-Free strengthening partnerships with Chinese travel agencies [5] - City duty-free stores are anticipated to become a new engine for high-end consumption, creating new shopping experiences through a combination of "duty-free + consumption + experience" [5] Group 5: Consumer Spending Trends - In July, the total retail sales of consumer goods grew by 3.7%, with online retail sales increasing by 9.2% from January to July, accounting for 24.9% of total retail sales [6][7] - Companies like 361 Degrees reported a 45% growth in e-commerce business, while Moutai's net profit increased by 8.89%, indicating resilience in high-end brands [6][7] - The restaurant sector saw only a 1.1% increase in revenue, suggesting consumers are becoming more cautious with service-related spending [6][7]