Evergrande's Delisting Marks the End of an Era for China's Property Giant
TL;DR Summary
Evergrande, once China's largest property developer, is set to be delisted from the Hong Kong stock market after a dramatic collapse due to massive debts and failed restructuring efforts, symbolizing the ongoing property crisis that has significantly impacted China's economy and shifted government priorities towards high-tech industries.
- Evergrande: Chinese property giant to be delisted after spectacular fall BBC
- This Is the End of China’s Once Mightiest Property Firm The New York Times
- China’s Boom and Bust Real Estate Giant Won’t be Missed Asia Financial
- From $50 billion to bust, investors count cost of Evergrande's fall MSN
- Editorial | Evergrande delisting brings painful economic chapter to a close South China Morning Post
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