HK Stock Market Move | EVERG SERVICES (06666) fell more than 7% recently as the company has been ordered to repay 35.7 billion yuan and has not held discussions with potential bidders regarding potential transactions.

EVERG SERVICES (06666) fell more than 7% as of the time of publication, down 7.14% to HK$1.17, with a turnover of HK$44.3294 million. In recent news, Tianyancha legal lawsuit information shows that Evergrande Real Estate Group Co., Ltd. has added two pieces of information on the resumption of execution, with a total execution target of over RMB 35.7 billion. The two cases also include Evergrande Real Estate Group (Jiangxi) Co., Ltd. and Evergrande Real Estate Group (Shenzhen) Co., Ltd., with the executing courts being Nanchang Donghu District People's Court and Guangdong Shenzhen Intermediate People's Court. Risk information shows that Evergrande Real Estate Group Co., Ltd. currently has over 410 pieces of information on the executed party, with a total executed amount exceeding RMB 71.5 billion. It is worth noting that Everg Services previously announced that the company was informed by the liquidator that the liquidator had invited the selected bidders to review further information about the company and requested the submission of updated non-binding expressions of interest by the end of November 2025. The company stated that potential transactions are still in the preliminary stage, the timing for the liquidator to enter the next stage of the process and submit the final proposal has not been determined, and there have been no negotiations with potential bidders on potential transactions, no opinions have been formed, and no formal or legally binding agreements have been reached.