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China Evergrande to be delisted from Hong Kong stock exchange following debt woes

Evergrande has been delisted from the Hong Kong stock exchange.

Evergrande has been delisted from the Hong Kong stock exchange. The stock had been frozen for several months before it was delisted. The companies financial difficulties have caused the company to enter court ordered liquidation. Several other property development firms face legal challenges over their financial state.

Read more:

https://apnews.com/article/china-evergrande-delisted-hong-kong-stock-market-f44e046e6818f61991edc226fb8f9e6f

Tagged: China economy