The crisis at property developer Evergrande has taken a new turn as its shares have been removed from the Hong Kong stock market.
It comes after the shares were suspended from trading in January 2024 when the Hong Kong High Court ordered the company to be wound up.
In March of the same year, Evergrande's founder Hui Ka Yan was fined $6.5m (£4.8m) and banned from China's capital market for life for his company overstating its revenue by $78bn.
The company was declared to be in default in 2021 after missing a crucial debt repayment deadline.
Evergrande, formerly known as the Hengda Group, was founded by Mr Hui in 1996 in Guangzhou, southern China.
