Group 1 - China Evergrande Group will officially delist from the Hong Kong Stock Exchange on August 25, 2025, with the last trading day being August 22, 2025 [1] - The last trading price for China Evergrande's shares was set at 0.163 HKD, resulting in a market value of 2.15 billion HKD at the time of delisting [1] - China Evergrande was once the largest private real estate company listed in Hong Kong, reaching a peak market value of 414.4 billion HKD in October 2017 [1] Group 2 - The China Securities Regulatory Commission (CSRC) disclosed in March 2024 that Evergrande's 2019 and 2020 annual reports contained false records, inflating 2019 revenue by 213.99 billion CNY and 2020 revenue by 350.16 billion CNY [2] - In May 2024, the CSRC ordered Evergrande to correct its reports, issued a warning, and imposed a fine of 4.175 billion CNY [2] - As of July 28, 2024, China Evergrande had been suspended from trading for 18 months [2]
中国恒大将于25日退市