A committee at the bourse had decided earlier this month to cancel Evergrande's listing after it failed to meet a July deadline to resume trading -- suspended since early last year.
The delisting on Monday marks the latest milestone for a firm whose painful downward spiral has become symbolic of China's long-standing property sector woes.
Once the country's biggest real estate firm, Evergrande was worth more than $50 billion at its peak and helped propel China's rapid economic growth in recent decades.
But it defaulted in 2021 after years of struggling to repay creditors.
A Hong Kong court issued a winding-up order for Evergrande in January 2024, ruling that the company had failed to come up with a suitable debt repayment plan.
Liquidators have made moves to recover creditors' investments, including filing a lawsuit against PwC and its mainland Chinese arm for their role in auditing the debt-ridden developer.
The firm's debt load is bigger than the previously estimated amount of $27.5 billion, according to a filing earlier this month attributed to liquidators Edward Middleton and Tiffany Wong.
The statement added that China Evergrande Group was a holding company and that liquidators had assumed control of more than 100 companies within the group.
Evergrande's saga -- and similar issues faced by other property giants including Country Garden and Vanke -- have been closely followed by observers assessing the health of the world's second-largest economy.
After a decades-long construction boom fuelled by rapid urbanisation, China's property sector began to show worrying signs in 2020, when Beijing announced new rules to limit excessive borrowing.
With Evergrande's default the following year and other complications across the industry continuing, a return to the boom years has proven elusive for policymakers.
The crisis has also dampened consumer sentiment at a time when economists argue that China must shift towards a new growth model driven more by domestic spending rather than investment.
New home prices in a grouping of 70 Chinese cities continued to drop in July, official data showed earlier this month.
Asian markets rise on US rate cut hopes
Hong Kong (AFP) Aug 25, 2025 -
Investors weighing the prospects of a September cut had been closely eyeing the speech by Federal Reserve Chair Jerome Powell at an annual symposium in Jackson Hole, Wyoming.
"The balance of risks appears to be shifting," Powell said, noting a slump in employment even as inflation remains above target.
He added that the "unusual" situation "may warrant adjusting our policy stance".
Wall Street stocks surged following Powell's speech, rebounding from a tech sell-off earlier in the week. European markets also ticked upwards.
During the first trading sessions in major Asian markets following the comments, stocks made notable gains.
Hong Kong's main index was up nearly 1.3 percent one hour after opening, while benchmarks in Tokyo, Shanghai, Sydney, Seoul and Taipei also rose.
"By hinting that the Fed could cut even without pristine inflation numbers, (Powell) transformed caution into conviction," Stephen Innes of SPI Asset Management wrote in a note Monday.
"Expectations for a September cut now hover near certainty," he added.
Powell has come under intense public pressure this year from US President Donald Trump to lower rates.
But the independent central bank has kept benchmark interest rates steady at a range of between 4.25 percent and 4.50 percent since its last reduction in December.
In keeping rates unchanged, policymakers cited resilience in the labor market as they monitored the effects of Trump's wide-ranging tariffs on the world's biggest economy.
Reacting to Friday's news, the dollar fell against currencies such as the euro, pound and yen, as lower returns make the greenback less appealing to foreign investors.
Oil markets were nearly flat Monday, following price increases made last week as investors considered the potential for a peace deal in Ukraine more than three years after Russia's invasion.
Traders are now eagerly awaiting a quarterly earnings report from US chip juggernaut Nvidia on Wednesday, which is expected to shed light on how its strong push into artificial intelligence is faring.
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