香港高等法院审理查明，丁玉梅在指定司法管辖区的资产分布集中且规模庞大：加拿大皇家银行账户存 有1亿加元（约合人民币5.03亿元），嘉盛莱宝银行新加坡有限公司银行账户存有7100万美元（约合人 民币5.03亿元），瑞士银行（直布罗陀）有限公司银行账户资产达5760万美元（约合人民币4.08亿 元），泽西岛巴克莱银行账户亦有67.5万英镑存款（约合人民币629.8万元），四项资产合计超2.2亿美 元。 登录新浪财经APP 搜索【信披】查看更多考评等级 转自：证券时报 11月26日，香港高等法院批准处于清算状态的中国恒大集团变更禁制令申请，扩大对恒大创始人许家印 前妻丁玉梅的资产禁制令，新增其在加拿大、直布罗陀、泽西岛和新加坡的2.2亿美元（约合人民币 15.58亿元）资产。 今年8月，中国恒大退市也最终"尘埃落定"。8月20日，港交所就曾公告，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。对于中国恒大退市的安排，中国恒 大坦言，该公司无意就上市委员会作出取消上市地位的决定申请复核。 资料显示，中国恒大于2009年11月登陆香港市场。2023年9月，许家印因涉 ...

11月26日，香港高等法院批准处于清算状态的中国恒大集团变更禁制令申请，扩大对恒大创始人许家印前妻丁玉梅的资产禁制令，新增其在加拿 大、直布罗陀、泽西岛和新加坡的2.2亿美元（约合人民币15.58亿元）资产。 香港高等法院审理查明，丁玉梅在指定司法管辖区的资产分布集中且规模庞大：加拿大皇家银行账户存有1亿加元（约合人民币5.03亿元），嘉盛莱宝银行 新加坡有限公司银行账户存有7100万美元（约合人民币5.03亿元），瑞士银行（直布罗陀）有限公司银行账户资产达5760万美元（约合人民币4.08亿 元），泽西岛巴克莱银行账户亦有67.5万英镑存款（约合人民币629.8万元），四项资产合计超2.2亿美元。 据悉，此次判决源于恒大于2024年9月27日提交的"管辖权变更传票（Jurisdiction Variation Summons）"。根据2024年7月29日香港高等法院作出的专 有禁制令及玛瑞瓦禁制令（Mareva Injunction），恒大原本仅能在中国香港、英国、开曼群岛及英属维尔京群岛对丁玉梅采取法律行动。 根据市场公开信息，香港高等法院在今年10月判决恒大清盘人为许家印家族相关资产的接管人。此前，香港 ...

Core Viewpoint - The proposed new regulations by NASDAQ significantly increase the listing requirements for companies, particularly affecting Chinese enterprises planning to go public in the U.S. market [1][2][3] Group 1: Listing Requirements - NASDAQ's proposed regulations raise the minimum public float market value for IPOs to $8 million for the global market and $5 million for the capital market, with a unified increase to $15 million for companies listing based on net profit [2] - Chinese companies are required to raise at least $25 million through public offerings in their IPOs, which is a substantial increase compared to previous standards [2][3] - The new rules aim to enhance market integrity and investor protection, addressing concerns over small IPOs that may not generate sufficient compliance revenue for NASDAQ [2][3] Group 2: Impact on Chinese Companies - In the current year, 59 companies have gone public on NASDAQ, raising a total of $1.02 billion, with an average fundraising of $17.3 million, indicating that only three companies exceeded the new $25 million threshold [3] - The increase in listing standards is expected to significantly impact the ability of small Chinese enterprises to list on NASDAQ, as many currently do not meet the new requirements [3][4] Group 3: Delisting Pressures - The proposed regulations introduce new conditions that could lead to immediate delisting or trading suspension for companies failing to meet ongoing listing requirements, such as maintaining a market value of at least $5 million for ten consecutive trading days [4] - Previously, companies were given a grace period to comply with listing standards, but the new rules would eliminate this buffer, increasing the risk of delisting [4] Group 4: Preparation for IPO - Companies intending to go public in the U.S. should prepare in advance, assessing their current stage and considering alternative markets such as the New York Stock Exchange or Hong Kong Stock Exchange, which have less stringent requirements [5][6] - It is recommended that companies actively engage with cornerstone investors to meet the new minimum fundraising requirement of $25 million and focus on their core business to enhance their market position [6]

Core Viewpoint - Beijing Construction (Holdings) Limited has received court approval for the privatization proposal by Haoming Holdings Limited, which will lead to the delisting of Beijing Construction from the Hong Kong Stock Exchange on August 29, 2023 [1] Company Overview - Beijing Construction was established in July 2009, with major shareholders including Beikong Real Estate (Hong Kong) Limited (36.26%), Haoming Holdings (22.35%), and Jingtai Industrial (Group) Limited (6.99%), all controlled by Beikong Group [1][2] - Beikong Group, founded in January 2005, is a large state-owned enterprise group established by the Beijing Municipal Government, focusing on real estate development through its subsidiaries, including Beikong Real Estate Group and Beijing Construction [2] Financial Performance - Beijing Construction has reported continuous losses for seven years since 2018, with net losses of 900 million yuan in 2023 and 537 million yuan in 2024, alongside a 41% year-on-year decline in revenue to 865 million yuan in 2024 [3] - The company has been actively preparing for asset sales since 2018, but delays in completing these sales have led to increased financial costs and declining asset prices, contributing to ongoing losses [3] - The daily trading volume of Beijing Construction has been below one million Hong Kong dollars, resulting in rising compliance costs relative to revenue, making the decision to delist a rational choice [3]

Core Points - China Evergrande Group has been forcibly delisted from the Hong Kong Stock Exchange after 18 months of continuous suspension, marking the end of its capital market journey [1] - The company is facing a debt crisis exceeding 2.4 trillion yuan, with founder Xu Jiayin and several executives being held accountable for financial fraud and fund misappropriation [1] - Evergrande was listed on the Hong Kong Stock Exchange in November 2009, becoming the largest private real estate company from mainland China listed in Hong Kong, with a peak market value of 370 billion HKD in 2017 [1] - In 2023, Evergrande reported a combined loss of over 800 billion yuan for the fiscal years 2021 and 2022, setting a record for the highest loss by a Chinese company [1] - A winding-up order was issued by the Hong Kong High Court against Evergrande on January 29, 2024, and prior to suspension, its stock price had fallen to 0.163 HKD per share, with a market value of only 2.152 billion HKD [1]

Core Viewpoint - The recent legal issues surrounding Huang Qisen, the chairman and general manager of Taihe Group, have led to significant operational challenges for the company, including asset freezes and administrative penalties for failing to disclose major lawsuits and omissions in annual reports [1][2]. Group 1: Company Operations and Management - Taihe Group's board has been informed that Huang Qisen is under investigation by the Liaoning Provincial New Min City Supervisory Committee, which has resulted in his detention [1]. - Despite the legal challenges, Taihe Group claims that its organizational structure and management system are functioning normally, and all business activities are continuing as usual [1]. - The company has faced asset freezes and seizures, which are expected to impact its operations [1]. Group 2: Financial Penalties and Legal Issues - The Fujian Securities Regulatory Bureau has imposed a fine of 6 million yuan on Taihe Group for failing to disclose significant lawsuits and for major omissions in its annual report [1]. - Huang Qisen and seven other executives have collectively been fined 11.4 million yuan due to these violations [1]. Group 3: Historical Context and Financial Performance - Huang Qisen founded Taihe Group in 1996, focusing on high-end products, including Taihe Courtyards [3]. - Between 2013 and 2017, Taihe Group achieved a remarkable sales growth from 10 billion to 100 billion yuan in just five years [3]. - Huang Qisen became the richest person in Fujian in 2015, with a net worth exceeding 20 billion yuan, and was ranked 1001st on the 2020 Hurun Global Rich List [3]. Group 4: Recent Challenges and Market Position - Taihe Group has been facing a financial crisis since 2020, marked by defaults and unsuccessful self-rescue efforts, including asset sales and strategic investments [4]. - In August 2023, Taihe Group triggered mandatory delisting clauses and was removed from the Shenzhen Stock Exchange, marking a significant decline for the once-prominent real estate company [5].

Core Viewpoint - China Evergrande Group is set to have its listing status canceled by the Hong Kong Stock Exchange effective August 25, 2025, due to failure to meet resumption guidelines and inability to restore trading by the deadline [1][3]. Group 1: Listing Status and Market Impact - The Hong Kong Stock Exchange announced that China Evergrande's listing status will be canceled under Listing Rule 6.01A(1) [1][3]. - As of the announcement, China Evergrande's stock price was HKD 0.163 per share, with a total market capitalization dropping from over HKD 370 billion at its peak to HKD 2.15 billion at the time of suspension [3]. - The last trading date for the company's shares is set for August 22, 2025, before the official delisting on August 25, 2025 [3]. Group 2: Financial and Operational Challenges - China Evergrande has announced a debt restructuring plan requiring an additional financing of between CNY 250 billion to CNY 300 billion over the next three years, but the plan has not yet been implemented [4]. - The company acknowledged that delisting does not equate to liquidation or bankruptcy, indicating ongoing challenges in addressing debt risks and governance issues [4]. - As of August 18, 2023, China Evergrande Group has faced multiple legal actions, with a total execution amount exceeding CNY 5.01 billion, and over 580 existing execution cases totaling more than CNY 64.8 billion [4].

Core Viewpoint - China Evergrande Group is set to have its listing status canceled by the Hong Kong Stock Exchange due to failure to meet the resumption guidelines, marking a significant event in the company's ongoing financial struggles [2][4]. Group 1: Listing Status and Market Impact - The Hong Kong Stock Exchange announced that China Evergrande's listing status will be canceled effective from August 25, 2025, at 9 AM [2]. - As of the announcement, China Evergrande's stock price was HKD 0.163 per share, with a total market capitalization dropping from over HKD 370 billion at its peak to HKD 2.15 billion at the time of suspension [4]. - The last trading date for the company's shares is set for August 22, 2025, before the official delisting [4]. Group 2: Financial and Operational Challenges - China Evergrande acknowledged it would not seek a review of the delisting decision, indicating a lack of intention to contest the ruling [5]. - The company has been under significant financial strain, with a debt restructuring plan announced in 2023 that requires an additional financing of between CNY 250 billion to CNY 300 billion over the next three years, which has yet to be realized [5]. - Despite the delisting, analysts suggest that it does not equate to bankruptcy, as the company still faces numerous challenges, including slow debt risk management and governance issues [5]. Group 3: Legal and Financial Liabilities - Recent legal developments show that Evergrande Real Estate Group has added eight new enforcement cases as of August 18, with a total enforcement amount exceeding CNY 5.01 billion [6]. - The company currently has over 580 enforcement cases with a total amount exceeding CNY 64.8 billion, alongside multiple consumption restrictions and cases of dishonesty [6].

Core Viewpoint - China Evergrande Group is undergoing liquidation proceedings, with its shares suspended from trading and set to be delisted due to failure to meet Hong Kong Stock Exchange requirements [1][3]. Group 1: Liquidation and Court Proceedings - The liquidator submitted a report to the court detailing potential committee members and requested a ruling to not establish a review committee during the liquidation process [1]. - A hearing for the request will take place on September 16, 2025, at the High Court in Hong Kong [2]. - The company's shares will be suspended from trading starting January 29, 2024, and will be officially delisted on August 25, 2025 [2][3]. Group 2: Financial Impact and Market Reaction - China Evergrande's stock price has plummeted from a peak of over 370 billion HKD to 2.15 billion HKD at the time of suspension, with the current price at 0.163 HKD per share [3]. - The decision to delist is expected to expedite the bankruptcy liquidation process, allowing for orderly asset preservation and realization, prioritizing the interests of creditors [3][4]. Group 3: Legal and Financial Challenges - Recent legal actions have resulted in 10 new enforcement cases against Evergrande, with a total enforcement amount exceeding 1.64 billion CNY, involving various financial disputes [4]. - The actual realizable value of the company's assets is low, with only Evergrande Property having significant value, which is insufficient to cover all claims [3][4].

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 ...