Hong Kong Stock Movement | EVERG SERVICES (06666) Drops Over 7% Amid RMB 3.57 Billion Enforcement Resumption; No Discussions Held with Potential Bidders

Stock News12-18 10:34

EVERG SERVICES (06666) fell more than 7%, trading at HKD 1.17 by the time of reporting, with a turnover of HKD 44.33 million. Recent legal records show that EVERGRANDE Group (03333) has two additional enforcement resumptions totaling over RMB 3.57 billion. The cases involve subsidiaries such as EVERGRANDE Group (Jiangxi) Co., Ltd. and EVERGRANDE Group (Shenzhen) Co., Ltd., with enforcement courts including the Donghu District People's Court in Nanchang and the Shenzhen Intermediate People's Court in Guangdong. Risk disclosures indicate EVERGRANDE Group currently faces over 410 enforcement cases, with total enforcement amounts exceeding RMB 71.5 billion. Notably, EVERG SERVICES previously announced that its liquidators had invited selected bidders to review company materials and submit updated non-binding proposals by end-November 2025. The company clarified that potential transactions remain preliminary, with no timeline set for next steps or final submissions. No discussions, opinions, or binding agreements have been reached with potential bidders.

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