HK Stock Market Move | Everg Services (06666) fell more than 6% in the morning trading session, with the exclusive negotiation period expiring and trade negotiations still ongoing.

According to the Caixin app, EVERG SERVICES (06666) fell more than 6% in the morning session, down 6.94% to 1.34 Hong Kong dollars as of press time, with a turnover of 23.7073 million Hong Kong dollars. On the news front, on May 19, EVERG SERVICES announced that the exclusive negotiation period for its controlling stake potential transaction expired on May 15 and was not extended. The announcement stated that despite the expiry of the exclusive period, negotiations between the potential seller and potential buyer have not ended, and both parties are still working on finalizing the formal purchase agreement terms. It is reported that the exclusive agreement was signed on April 14, with the potential seller (EVERGRANDE and CEG Holdings) and selected bidder entering into a 30-day exclusive negotiation phase, with the core target being the combined 51.016% controlling stake in EVERG SERVICES held by both parties.