HK Stock Market Move | EVERG SERVICES (06666) has risen nearly 6%, and the market expects potential buyers to emerge as soon as May.

EVERG SERVICES (06666) rose nearly 6%, at the time of publication, it rose 5.88% to HK$1.44 with a trading volume of HK$135 million. On the news front, EVERG SERVICES announced in mid-month that the liquidator of EVERGRANDE has signed an exclusive agreement with a selected bidder, and the two parties will engage in exclusive negotiations for 30 working days regarding the acquisition of 51.016% of EVERG SERVICES' shares. The market expects the new owner of EVERG SERVICES to surface as soon as May. There has been much speculation in the market about potential buyers. According to reports, companies such as CHINA RES MIXC, CHINA OVS PPT, POLY PPT SER, and PAG have been rumored to be interested, but they have all quickly denied it. According to industry sources, EVERG SERVICES has selected Guangdong Travel Control Group for exclusive negotiations, beating out other bidders including PAG.