EVERGRANDE will be delisted from the Hong Kong Stock Exchange, experts say it meets market expectations

"The shoe will eventually drop. There is a general psychological expectation in the market regarding China Evergrande's delisting, which can be said to be an inevitable result," said an industry expert familiar with Hong Kong listing rules. According to the "fast delisting" mechanism stipulated in the Hong Kong Listing Rules, if the securities of a main board company are suspended for trading for 18 consecutive months, the Hong Kong Stock Exchange may cancel the company's listing status. A listed company must meet the resumption guidance requirements within 18 months of suspension to apply to the Hong Kong Stock Exchange for the resumption of stock trading. China Evergrande was suspended from trading after being ordered into liquidation by the Hong Kong High Court on January 29, 2024, and the resumption deadline expired on July 28, 2025. Due to its inability to meet the resumption guidance requirements, delisting became unavoidable. The aforementioned expert analyzed that in recent years, the Hong Kong capital market has shown characteristics of accelerated metabolism. Data shows that from 2018 to June 30, 2025, the number of companies forcibly delisted from the Hong Kong main board reached a cumulative total of 167, with an average of more than 30 companies delisted each year from 2022 to 2024, and 10 companies in the first half of this year. Timely clearing out companies that no longer meet listing conditions is beneficial for the healthy development of the Hong Kong stock market