China Evergrande Group said the Hong Kong Stock Exchange will cancel its listing at 9 a.m. on 25 August, with the final day of quotation set for 22 August. The developer, in a filing dated 12 August, acknowledged that it has failed to satisfy any of the exchange’s resumption requirements and will not seek a review of the decision. Evergrande’s shares have been halted since 29 January 2024, the day a Hong Kong court ordered the company to be wound up. Under exchange rules, a company that remains suspended for 18 months faces mandatory delisting, a threshold the developer has now crossed. Court-appointed liquidators reported they have disposed of about US$255 million in assets and taken control of more than 100 subsidiaries. They have received 187 creditor claims totalling roughly US$45 billion—well above the US$27.5 billion of liabilities disclosed in Evergrande’s last published accounts—underscoring the limited prospects for any recovery by shareholders, who already saw the stock last trade at HK$0.16. The delisting closes the chapter on what was once China’s largest homebuilder, valued at more than US$50 billion in 2017. Evergrande’s collapse has become emblematic of a four-year downturn in China’s property market, and the exchange’s move may foreshadow similar actions against other defaulted developers still under prolonged trading halts.