本报记者 毛艺融 今年以来，港股劣质股正加速出清。Wind资讯数据显示，按摘牌日期计，截至8月14日，年内有35家港股公司退市，其 中，有16家被港交所强制除牌。同时，港交所官网显示，还有部分公司被上市委员会批准除牌，即将从港股退市。 在这份长期停牌公司名单中，既包括当代置业等地产公司。也包括诺辉健康等生物医药公司，其中，诺辉健康、联众国际 的补救期最后期限在9月27日，当代置业、中原建业、上坤地产、浦江国际等18家公司的最后补救期是10月1日。补救期最后期 限是解决问题并复牌的期限，而非递交复牌建议的期限。 相当一部分企业因未按时披露2024年年报而被停牌。中国恒大新能源汽车集团有限公司、天誉置业（控股）有限公司、恒 盛地产控股有限公司均在2025年4月1日被停牌。 根据港交所规则，SPAC公司若未能在规定时间内公告并购交易，则须暂停交易并启动退市程序。 8月份以来，恒大集团的除牌公告备受市场关注。港交所上市委员会决定从8月25日开市起取消恒大集团的上市地位。据 悉，恒大集团虽将被港交所除牌，但其清盘程序仍在进行中，清盘人将继续推进资产变现和债务处理。截至今年7月31日，恒 大集团已收到187份债务证明，涉 ...

Core Viewpoint - China Evergrande Group is undergoing liquidation and will be delisted from the Hong Kong Stock Exchange, which is expected to accelerate the bankruptcy process and asset liquidation [1][4]. Group 1: Liquidation and Delisting - On August 14, China Evergrande announced further details regarding its liquidation and continued suspension of trading [1]. - The court hearing for the liquidation application is scheduled for September 16, 2025, in Hong Kong [3]. - Trading of China Evergrande's shares will be suspended from January 29, 2024, and will officially be delisted on August 25, 2025 [3]. Group 2: Financial Impact - The company's stock price has dropped to 0.163 HKD per share, with a total market capitalization falling from over 370 billion HKD at its peak to 2.15 billion HKD at the time of suspension [3]. - The last trading date for the company's shares is set for August 22, 2025 [3]. Group 3: Implications for Stakeholders - The decision to delist is seen as a means to expedite the bankruptcy process and protect the interests of creditors [4]. - Despite the control of the liquidators, the actual realizable value of the company's assets is low, with only Evergrande Property having significant value [4]. - The delisting may cause short-term market disruptions, particularly affecting the financing of Chinese real estate companies abroad, but is viewed as a necessary step for market cleansing and restructuring [4].

Core Viewpoint - The article summarizes important announcements from various listed companies in the Shanghai and Shenzhen stock markets, providing insights for investors regarding significant corporate actions and financial results. Major Events - Cambrian: The company announced that recent online information regarding large orders and revenue forecasts is misleading and not true [4] - China Shipbuilding: The company has applied for voluntary delisting following a merger with China Shipbuilding Industry [5][6] - Kanda New Materials: The company plans to acquire 51% of Chengdu Zhongke Huamei for 275 million yuan to expand in the semiconductor integrated circuit sector [7] - Aimeike: A major arbitration case involving its subsidiary REGEN has been initiated, with a claim of approximately 1.6 billion yuan [8] - China Evergrande: A hearing regarding the company's liquidation is scheduled for September 16, with shares continuing to be suspended [9] - *ST Suwu: The company's stock price fell below 1 yuan, risking delisting if it remains below this threshold for 20 consecutive trading days [10] - Foton Motor: The company has identified tax payment issues amounting to approximately 28.83 million yuan for the years 2022-2024 [11][12] - Wolong Electric: The company has submitted an application for H-share issuance and listing in Hong Kong [13] - Dayuan Pump Industry: The company clarified that its liquid cooling business is part of its original operations, with first-quarter sales of approximately 1.6 million yuan [14] - Gansu Energy: The Jinhe Coal Mine has resumed production after passing safety inspections [15] - Chipsea Technology: The company plans to issue H-shares to enhance its international strategy [16] Financial Performance - China Telecom: Reported a net profit of 23.017 billion yuan for the first half of 2025, a year-on-year increase of 5.5% [17] - JD Group: Achieved a revenue of 356.7 billion yuan in Q2 2025, a year-on-year growth of 22.4% [19] - Chuanjinno: Reported a net profit of 177 million yuan for the first half of 2025, a significant increase of 166.51% [20] - Darentang: Achieved a net profit of 1.928 billion yuan for the first half of 2025, a year-on-year increase of 193.08% [21] - Baodi Mining: Reported a net profit of 61.592 million yuan for the first half of 2025, a decline of 40.11% [22] - Bailong Oriental: Achieved a net profit of 390 million yuan for the first half of 2025, a year-on-year increase of 67.53% [23] - Dunhuang Seed Industry: Reported a net profit of 54.454 million yuan for the first half of 2025, a year-on-year increase of 73.43% [24] - Huarui Precision: Achieved a net profit of 85.4597 million yuan for the first half of 2025, a year-on-year increase of 18.80% [25] - Chongqing Beer: Reported a net profit of 865 million yuan for the first half of 2025, a decline of 4.03% [26] - Heertai: Achieved a net profit of 354 million yuan for the first half of 2025, a year-on-year increase of 78.65% [27] Shareholding Changes - Junshi Biosciences: Major shareholder Shanghai Tanying plans to reduce its stake by up to 2% [28] - Tibet Tourism: Major shareholder Lvtou Group plans to reduce its stake by up to 0.97% [29] Strategic Partnerships - Shanying International: The company has signed strategic investment cooperation agreements with Yunyin Technology and Proton Technology to enhance industrial applications in the paper and packaging sectors [30]

Core Viewpoint - China Evergrande Group (03333) has submitted a report to the court regarding the status of individuals claiming to be creditors and their interest in potentially serving on a review committee during the company's liquidation process [1] Group 1 - The liquidator submitted a report to the court on July 25, 2025, detailing the situation of individuals who consider themselves creditors of the company [1] - The report also includes information about those interested in possibly serving as members of a review committee in the liquidation process [1] - A hearing for the application regarding the establishment of a review committee will take place on September 16, 2025, at the High Court in Hong Kong [1]

股份自2024年1月29日(星期一)上午10时18分起暂停买卖，并将继续停牌，直至股份于2025年8月25日上 午9时起取消上市地位。 格隆汇8月14日丨中国恒大(03333.HK)公告，根据指示令，清盘人于2025年7月25日向法院提交了一份阐 述由自认为是公司债权人人士收到的资料及有意在公司清盘中担任可能成立的审查委员会委员的人士的 情况的报告，及向法院申请进一步指示决定在公司清盘中不成立审查委员会。指示申请将于2025年9月 16日上午10时在香港金钟道38号高等法院大楼举行，并在高等法院原讼法庭法官陈静芬席前进行聆讯 ("指示聆讯")。 ...

指示申请将于2025年9月16日上午10时在香港金钟道38号高等法院大楼举行，并在高等法院原讼法庭法 官陈静芬席前进行聆讯。 智通财经APP讯，中国恒大(03333)发布公告，根据指示令，清盘人于2025年7月25日向法院提交了一份 阐述由自认为是公司债权人的人士收到的资料及有意在公司清盘中担任可能成立的审查委员会委员的人 士的情况的报告，及向法院申请进一步指示决定在公司清盘中不成立审查委员会。 ...

中國恒大集團 （清盤中） （於開曼群島註冊成立的有限責任公司） （股份代號：3333） 內幕消息公告 有關清盤的進一步消息 及 繼續停牌 本公告乃由中國恒大集團（清盤中）（「本公司」，連同其附屬公司統稱「本集團」） 根據《香港聯合交易所有限公司證券上市規則》第13.09條以及《證券及期貨條例》 （香港法例第571章）第XIVA部作出。 茲提述 (i) 本公司日期為 2024 年 1 月 29 日的公告，內容有關本公司清盤、委任本公司 共同及各別清盤人（「清盤人」）以及本公司股份（「股份」）暫停買賣；(ii) 本公司 日期為 2024年10月25日的公告，內容有關申請及聆訊； (iii) 本公司日期為 2024年11月 12日的公告，內容有關押後舉行聆訊； (iv) 本公司日期為2024年11月29日及2025年3月 10日的公告， 內容有關押後聆訊；(v) 本公司日期為2025年5月2日的公告，內容有關法 院於2025年4月17日就申請作出之裁決及指示（「指示令」）；(vi) 本公司日期為 2025 年5月16日的公告（「5月16日公告」），內容有關通告；及 (vii) 本公司日期為 2025年5 月28日的 ...

Core Viewpoint - China Evergrande's announcement marks a significant end to its journey in the capital market, as the Hong Kong Stock Exchange has decided to cancel its listing status due to failure to meet resumption requirements after more than 18 months of trading suspension [4][6][7]. Group 1: Impact on Investors - Many investors are expressing despair over their losses, with some reporting losses of up to 500,000 yuan and feeling hopeless about recovering their principal [12][17]. - At its peak, Evergrande's market capitalization exceeded 400 billion HKD, but by the time of its suspension on January 29, 2024, its stock price had plummeted to 0.163 HKD, resulting in a market value of only 2.152 billion HKD, a decline of over 99% from its peak [14][16]. - The announcement clarifies that while shares remain valid post-listing cancellation, they cannot be traded on the exchange, leaving shareholders with little recourse [19][21]. Group 2: Financial and Legal Challenges - Evergrande is facing a massive debt crisis, with liabilities amounting to approximately 350 billion HKD (around 45 billion USD) as of July 31, 2025, and ongoing legal disputes involving 80 cases [24][28]. - The company has only managed to realize about 2.55 billion USD from asset liquidation, which is insufficient to cover its substantial debts [29][32]. - The complexity of Evergrande's corporate structure, with over 3,000 legal entities across various jurisdictions, complicates the asset liquidation process [31]. Group 3: Potential Asset Recovery - Evergrande's property management segment has shown some potential, with reported revenues of approximately 12.756 billion CNY and a net profit of about 1.032 billion CNY in 2024 [33]. - The liquidators are prioritizing the sale of Evergrande's property management business as a key source of value for creditors [34]. - There are ongoing discussions regarding potential investments in Evergrande's automotive division, which could provide significant funding if successful [35]. Group 4: Personal Financial Matters of Executives - The financial status of Evergrande's founder, Xu Jiayin, and his ex-wife, Ding Yumei, remains unclear, with reports suggesting significant asset transfers and purchases made by Ding in London [38][42]. - Legal actions have been initiated to recover approximately 6 billion USD in dividends and compensation from Xu and other executives, with asset freezes imposed on their global assets [43][44].

港交所交易系统显示，中国恒大最后一单股票交易成交价定格在0.163港元，这家曾叱咤房地产行业的 上市公司，在经历15年资本市场沉浮后，最终以21.5亿港元市值黯然退场。中国恒大2009年11月在港交 所敲锣，成为在港上市最大的内地民营房企，2017年10月其市值攀至4144亿港元峰值。创始人许家印也 被推上中国首富宝座。伴随着企业激进扩张，恒大2021年遭遇流动性危机。2024年3月，恒大地产被曝 出财务造假等问题。同年5月，恒大地产被证监会罚款41.75亿元，许家印被顶格处罚，2024年1月29日 中国恒大股份停牌，至今年7月28日已停牌18个月。公告还披露，截至2025年7月31日，清盘人收到187 份债权证明，债权总额约3500亿港元，较2022年底披露的香港上市主体275亿美元负债规模显著增加。 公告显示，8月8日中国恒大收到港交所发出的信函，因该公司未能满足港交所对其施加的复牌指引要 求，且股份一直暂停买卖并未于2025年7月28日前恢复，港交所的上市委员会已决定取消公司的上市地 位。中国恒大股份上市的最后一天为8月22日，8月25日上午9时起取消股份上市地位。 本报讯（记者袁璐）中国恒大集团终迎退 ...

智通财经APP获悉，恒大物业(06666)再涨超9%，截至发稿，涨7.06%，报0.91港元，成交额1.18亿港 元。 据悉，中国恒大发布公告称，香港联交所上市委员会决定取消中国恒大的上市地位，公司无意申请复核 除牌决定。中国恒大将于8月25日上午九时起取消上市地位。值得注意的是，恒大物业一直在寻求摆脱 母公司恒大集团。早在2023年11月，恒大物业官方微信公众号更名为"金碧物业服务"。这一行为曾被业 界解读为恒大物业摆脱恒大集团、走向独立经营的讯号。 消息面上，据报道，法院指定的中国恒大清盘人正与瑞银和中信证券为其子公司恒大物业寻找潜在买 家。报道指，清盘人表示，债权人特别关注恒大物业这一部分资产的处理。他们补充道，该公司90亿元 的市值和去年128亿元人民币的收入，代表重大的潜在价值来源。 ...