Understanding the Market | EVERG SERVICES fell over 5% in the late trading session, and the liquidator has not yet engaged in discussions with any potential bidders regarding potential transactions

Evergrande Services fell more than 5% in late trading, down 5.36% to HKD 1.06, with a trading volume of HKD 45.5208 million. In terms of news, Evergrande Services announced that the company was informed by the liquidator that potential transactions are still in the preliminary stage, and the liquidator is still considering the non-binding indicative offers received; no decisions have yet been made regarding the next phase of the relevant procedures, and the timeline for submitting final proposals is still being determined; and the liquidator has not yet engaged in discussions with any potential bidders regarding potential transactions. Public information shows that on September 10, the company received a letter from the liquidators of its controlling shareholder China Evergrande and CEG Holdings, indicating that a confidentiality agreement has been signed with relevant interested parties regarding the potential sale of the company's shares, and non-binding indicative offers have been received from some of these interested parties