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Evergrande Property Services Stake Sale Collapses, Sending Shares Down 24%

Summary by Caixin Global
Evergrande Property Services Stake Sale Collapses, Sending Shares Down 24% - Liquidators failed to reach a formal agreement with a prospective buyer for the 51% holding, derailing an effort to raise funds for creditors

2 Articles

Evergrande Property Services Group's shares plummeted after the company announced on June 25 that negotiations to sell a controlling stake had ended. The shares fell by more than 21% at one point and reached their lowest level in a year during the afternoon trading session.

·New York, United States
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Caixin Global broke the news in Beijing, China on Thursday, June 25, 2026.
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