21
Aug
Evergrande, once one of China’s most prominent real estate developers, has been officially delisted from the stock exchange, marking the latest chapter in a dramatic downfall that has captivated global financial markets. The company, known for its rapid expansion and ambitious projects, struggled for years under mounting debt and financial mismanagement, culminating in a collapse that has had far-reaching consequences for investors, homeowners, and the broader Chinese economy.Founded in the 1990s, Evergrande rose quickly to become a symbol of China’s property boom. With vast residential complexes, commercial projects, and even ventures into electric vehicles and healthcare, the firm epitomized rapid…
