China Evergrande Group on Tuesday said that its Hong Kong shares will be removed on August 25 following the stock exchange’s delisting decision, which the company does not intend to have reviewed.
The world’s most indebted property developer was informed by the local bourse on Friday that its listing would be cancelled for failing “to fulfil any of the requirements” to resume trading, the company said in a filing.
Evergrande’s shares have been suspended from trading since January 29, 2024 – the…
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