Workflow
恒大退市前被讨债3199亿,清盘人手握资金不足14亿
Sou Hu Cai Jing·2025-08-14 09:05

Core Viewpoint - Evergrande has been delisted from the Hong Kong Stock Exchange after 18 months of suspension, marking the end of its 16-year listing journey, with significant implications for its creditors [1][2]. Group 1: Financial Status - Evergrande's peak market value reached HKD 400 billion in 2017, but it has plummeted to only HKD 21 billion before delisting [1]. - The company has accumulated debts totaling CNY 2.4 trillion, making it one of the largest financial scandals in Chinese corporate history [1]. - As of the end of July, creditors have filed claims totaling CNY 319.9 billion, while the liquidators currently control assets valued at only CNY 24.68 billion [1][2]. Group 2: Asset Liquidation - The liquidators have reported that the cash available for debt repayment is merely CNY 1.8 billion, with only CNY 746.7 million coming directly from Evergrande [1]. - The most valuable asset of Evergrande is its property management division, which is prioritized for liquidation [3].