China Evergrande Group delisted from HK exchange; Asian markets rise on US rate cut hopes

Hong Kong (AFP) Aug 25, 2025

Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer. A committee at the bourse had decided earlier this month to cancel Evergrande's listing after it failed to meet a July deadline to resume trading - suspended since early last year. The delisting on Monday