China Evergrande Delisted Today, Officially Ending 16-Year Hong Kong Listing Journey

Deep News

Aug 25

On August 25, 2025, EVERGRANDE (03333.HK) was officially delisted from the Hong Kong Stock Exchange, ending its nearly 16-year Hong Kong listing journey.

The Hong Kong Stock Exchange previously announced that starting from 9:00 AM on August 25, 2025, EVERGRANDE's listing status would be cancelled under Rule 6.01A(1) of the Listing Rules.

Public information shows that Evergrande Group is deeply mired in a debt crisis exceeding 2.4 trillion yuan. Founder Xu Jiayin and multiple senior executives are being held accountable for financial fraud and misappropriation of funds, with liquidation proceedings continuing to advance.

EVERGRANDE was listed on the Hong Kong Stock Exchange on November 5, 2009, becoming the largest privately-owned mainland property developer listed in Hong Kong. Its market capitalization once reached as high as 370 billion Hong Kong dollars in 2017. In 2023, EVERGRANDE disclosed operational data for the 2021 and 2022 financial years, with combined losses exceeding 800 billion yuan, setting a new record for the highest losses by a Chinese company.

On January 29, 2024, the High Court of Hong Kong issued a winding-up order against EVERGRANDE. Before trading suspension and at the time of delisting, EVERGRANDE's share price stood at HKD 0.163 per share, with a market capitalization of 2.152 billion Hong Kong dollars.

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Founder Xu Jiayin and multiple senior executives are being held accountable for financial fraud and misappropriation of funds, with liquidation proceedings continuing to advance.</p>\n<p>EVERGRANDE was listed on the Hong Kong Stock Exchange on November 5, 2009, becoming the largest privately-owned mainland property developer listed in Hong Kong. Its market capitalization once reached as high as 370 billion Hong Kong dollars in 2017. In 2023, EVERGRANDE disclosed operational data for the 2021 and 2022 financial years, with combined losses exceeding 800 billion yuan, setting a new record for the highest losses by a Chinese company.</p>\n<p>On January 29, 2024, the High Court of Hong Kong issued a winding-up order against EVERGRANDE. 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