China Evergrande Group, once a leading property developer and valued at approximately $50 billion, was officially delisted from the Hong Kong stock exchange on August 22, 2025, ending nearly 16 years as a publicly traded company. The delisting marks one of the largest by market value and volume in recent years and highlights the company's dramatic fall from prominence amid a debt-fueled expansion that has become a cautionary tale in China's real estate sector. Evergrande's collapse has drawn significant attention due to its impact on investors and the broader financial markets, illustrating the risks associated with rapid overinvestment and mismanagement in the world's second-largest economy. The company's downfall continues to reverberate as the Chinese property industry faces ongoing challenges following the bursting of a real estate bubble.