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What to know about the delisting of property developer China Evergrande's shares in Hong Kong
BANGKOK (AP) — Shares in China Evergrande were removed from the Hong Kong Stock Exchange on Monday, marking another step in the retreat of the giant real estate developer whose downfall contributed to a prolonged crisis in China’s property market.
Evergrande delisting marks end of era for China’s property sector
The developer, which specialised in residential apartments, shook global markets after a 2021 default on offshore bonds alerted the world to a cash crunch in China’s property sector. Evergrande ’s shares had been suspended since January last year,
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