On August 17, local time, China Evergrande Group sought Chapter 15 bankruptcy protection in New York.。The charter reportedly allows U.S. assets to be protected when companies restructure in other regions。

On the evening of July 27, Evergrande issued an announcement to reach a resumption of trading guidelines and resume trading.。According to the announcement, Evergrande Auto has applied to the Hong Kong Stock Exchange of China to resume trading in the company's shares from 9 a.m. on July 28 (Friday).。HKEx confirmed the news on Friday morning。