EVERG SERVICES (06666) declined nearly 6% in morning trading. As of press time, the stock was down 3.37% to HK$0.86, with a turnover of HK$36.0746 million.

On the news front, EVERG SERVICES released its interim results, reporting revenue of approximately 6.647 billion yuan for the first half, representing a year-on-year increase of about 6.9%. Gross profit reached approximately 1.199 billion yuan, with a gross margin of about 18%, down approximately 2.2 percentage points compared to the same period last year. Profit attributable to owners of the company was approximately 472 million yuan, down 5.64% year-on-year.

Additionally, due to EVERGRANDE Group undergoing liquidation, EVERG SERVICES management expects that economic benefits derived from EVERGRANDE Group remain pessimistic and highly uncertain.

Notably, media reports in mid-August indicated that court-appointed liquidators for EVERGRANDE are working with UBS and CITIC Securities to seek potential buyers for its subsidiary EVERG SERVICES. According to reports, the liquidators stated that creditors are particularly concerned about the disposal of EVERG SERVICES assets. Previously, EVERGRANDE Group's liquidators had attempted to sell the property management division but all efforts ended in failure.

It is reported that EVERGRANDE was delisted from 9:00 AM on August 25.