This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
China Evergrande Liquidators Get Bid for Stake in $1.3bn Property Services Arm
September 12, 2025
China Evergrande’s liquidators have received non-binding offers for the developer’s property management unit that it has been seeking to offload, according to sources. Units of state-owned China Overseas Holdings and China Resources Holdings are among the bidders indicating interest in Evergrande Property Services Group, according to the reports. Each bid must be accompanied by a deposit of HKD 6mn ($771k), 10% of which is non-refundable. The bidding process is still preliminary and is subject to change, they said. Evergrande Property Services confirmed that it has received a letter from Evergrande’s liquidators which says that they are seeking to sell the group’s shares in the property management unit. The liquidators have signed confidentiality agreements with interested parties and received non-binding indicative offers from some suitors as of 9 September, which was confirmed by Evergrande Property Services in a Hong Kong stock exchange filing yesterday.
Trading of Evergrande Property Services will resume on Friday after it was halted on Thursday. The unit has a market capitalization of HKD 9.9bn ($1.27bn).
For more details, click here.
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.