China Evergrande will be delisted and delisted from the Hong Kong Stock Exchange, experts say it is in line with market expectations
"The shoe will eventually drop. Regarding China Evergrande's delisting and suspension from trading, there is a general psychological expectation in the market, which can be said to be an inevitable result." An industry expert familiar with Hong Kong listing rules explained that according to the "Fast Delisting" mechanism stipulated in the Hong Kong Listing Rules, if a mainboard company's securities are suspended for 18 consecutive months, the Hong Kong Stock Exchange can cancel the listing status of the relevant company. The listed company must meet the resumption guidance requirements within 18 months after the suspension in order to apply for the resumption of stock trading with the Hong Kong Stock Exchange. China Evergrande was suspended from trading since January 29, 2024, due to a winding-up order issued by the Hong Kong High Court. The resumption deadline was July 28, 2025, and since it could not meet the conditions of the resumption guidance, delisting was ultimately inevitable. The expert analysis mentioned that in recent years, the Hong Kong capital market has shown signs of accelerating its metabolism. Data shows that from 2018 to the end of June 2025, a total of 167 mainboard listed companies in Hong Kong have been forcibly delisted, with an average of over 30 companies per year from 2022 to 2024, and 10 in the first half of this year. Clearing out companies that no longer meet the listing requirements in a timely manner is beneficial for the healthy development of the Hong Kong stock market.
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