Tag Archives: Evergrandes

What to know about the delisting of property developer China Evergrande’s shares in Hong Kong

What to know about the delisting of property developer China Evergrande’s shares in Hong Kong

BANGKOK (AP) — Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a prolonged crisis in China’s property market. Evergrande’s creditors are still working to wind up debts that amounted to more than $340 billion. Once China’s second-largest developer, …

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