Latest news and articles about Evergrande Property Services
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Negotiations for a controlling 51% stake in Evergrande Property Services have collapsed, triggering a 23.5% drop in share price and stalling the company’s efforts to decouple from its insolvent parent. Despite showing operational growth and improved cash flow, the firm’s inability to secure a state-backed buyer highlights deep-seated investor fears regarding the legacy risks of the Evergrande Group.
