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EVERG SERVICES Narrows Gains to 20% as CHINA RES LAND Denies Acquisition Rumors
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The liquidators of China Evergrande have received non-binding acquisition intentions for the shares of EVERG SERVICES (06666.HK), with rumored bidders including subsidiaries of China Overseas Group and China Resources Group.

According to Chinese media reports, a relevant person from CHINA RES LAND (01109.HK) denied the rumors, and so did a person close to China Overseas.

Related NewsM Stanley Adds CHINA OVERSEAS (00688.HK) TP to $13.7, Rating Equalweight
EVERG SERVICES opened up 38.04% today (12th) and once peaked at HKD1.29. It last traded at HKD1.1, up 19.57%, with a trading volume of 309 million shares, involving HKD360 million.
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