Chinese property giant Evergrande delisted after spectacular fall.
Chinese property giant Evergrande's shares were taken off the Hong Kong stock market on Monday after more than a decade and a half of trading.
That was before its spectacular collapse under the weight of the huge debts that had powered its meteoric rise.
"Once delisted, there is no coming back," says Dan Wang, China director at political risk consultancy Eurasia Group.
The property crisis has led to "massive layoffs" by heavily-indebted developers, Jackson Chan from financial markets research platform Bondsupermart says.
Even as Evergrande continues to grab headlines, several other Chinese property firms are still facing major challenges.
More Chinese property firms will collapse," Professor Qiao says. »