Group 1 - China Evergrande (HK.03333) announced that the Hong Kong Stock Exchange's Listing Committee decided to cancel its listing status, with no intention to appeal the delisting decision, leading to its delisting on August 25, 2025 [1][2] - The delisting is seen as a necessary outcome, as the company has been suspended since January 29, 2024, due to a court-ordered liquidation, and failed to meet the requirements for resumption of trading [2][4] - The Hong Kong capital market is experiencing accelerated turnover, with 167 companies delisted from the main board between 2018 and June 2025, averaging over 30 companies per year from 2022 to 2024 [2] Group 2 - The delisting does not affect the rights of creditors, as it only signifies that China Evergrande is no longer a listed company, and does not impact the operations of its subsidiaries like Evergrande Auto (HK.00708) and Evergrande Property (HK.06666) [3][5] - The liquidation process will continue unaffected by the delisting, allowing creditors to claim their rights and stay informed about the progress of the liquidation [3][4] - Evergrande's real estate division has reportedly completed the delivery of most properties nationwide and will continue to fulfill its commitments to "ensure delivery" despite the delisting [5]
中国恒大将被香港联交所除牌退市，专家称符合市场预期