Chinese developer Jiayuan to be delisted after failure to meet HKEX guidelines

Chinese developer Jiayuan to be delisted after failure to meet HKEX guidelines

The logo of Hong Kong Exchanges & Clearing Ltd. (HKEX) is seen at the financial Central district in Hong Kong, China September 14, 2020. REUTERS/Tyrone Siu/ File Photo

Chinese property developer Jiayuan International said the Hong Kong stock exchange has decided its shares will be delisted on Oct. 29 after the company did not meet guidelines for the shares to resume trading by an 18-month deadline.