HK Stock Market Move | EVERG SERVICES (06666) fell by more than 27% once, the potential trading negotiations have been terminated, and they plan to seek other buyers.

Everg Services (06666) fell by over 27% in the afternoon, and as of the time of writing, it was down 20.59% at HK$0.81, with a trading volume of HK$96.07 million. On the news side, on the afternoon of June 25th, Everg Services announced that the liquidator informed the company that negotiations between potential sellers and potential buyers had been terminated, and no formal or legally binding purchase agreement had been entered into. The liquidator is actively consulting with its financial advisors to seek other potential buyers to acquire the company's controlling stake held by Evergrande and CEG Holdings. Previously, in mid-April, Everg Services had announced that Evergrande and CEG Holdings had signed an exclusivity agreement with a potential buyer, and both parties would conduct exclusive negotiations on Everg Services' 51.016% equity for a period of 30 working days.