China Evergrande Group (HKG:3333) said the Hong Kong High Court will hear its application on Sept. 16 regarding the formation of a committee of inspection in the liquidation process, according to a Thursday bourse filing.
The developer, at the center of China's property sector crisis, will be delisted from the Hong Kong Stock Exchange on Aug. 25 after failing to meet resumption guidance.
Creditors have lodged claims totaling HK$350 billion, while liquidators reported about HK$2.0 billion in asset sales from Jan. 29, 2024, to July 31, 2025.
The liquidation team has taken control of over 100 subsidiaries, including key holding entities for Evergrande Property Services (HKG:6666).
Trading in its shares has been suspended since Jan. 29, 2024. The company's debt troubles came to light in December 2021 when it first defaulted on a US dollar bond.
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