Core Viewpoint - Evergrande Property has seen a significant increase in its stock price, rising over 6% and currently trading at 1.18 HKD, with a transaction volume of 64.0493 million HKD, amid news of potential stake sales by its parent company [1] Group 1: Company Developments - The liquidator of China Evergrande plans to sell a total of 51.016% stake held by China Evergrande and CGE Holdings in Evergrande Property, having received non-binding indicative offers from interested parties [1] - Major companies such as China Resources and China Overseas have denied rumors of acquiring the stake [1] - The liquidator is expected to invite interested parties for negotiations and finalize transaction documents around November, revealing the identity of the new owner [1] Group 2: Strategic Moves - Evergrande Property has been actively seeking to distance itself from its parent company, China Evergrande Group, as evidenced by its official WeChat account being renamed to "Jinbi Property Services" in November 2023, signaling a move towards independent operations [1] - Currently, China Evergrande and CGE Holdings remain the controlling shareholders of Evergrande Property, holding 51% of its issued share capital [1]

Core Viewpoint - Evergrande Property's shares have seen a significant increase, with a rise of over 7% in late trading, currently up 5.71% at HKD 1.11, with a trading volume of HKD 118 million. This surge is linked to the announcement regarding potential share sales by the liquidators of its controlling shareholder, China Evergrande Group, indicating a move towards a substantial transaction [1]. Group 1 - Evergrande Property has received a letter from the liquidators of its controlling shareholder, China Evergrande Group, who are actively seeking opportunities to sell shares of Evergrande Property [1]. - The potential transaction is in the preliminary stages, with a confidentiality agreement signed and non-binding indicative offers received from interested parties [1]. - The liquidators plan to invite selected interested parties to reach binding transaction terms by November 2025, suggesting that the transaction is moving towards a more concrete phase [1]. Group 2 - Evergrande Property has been attempting to distance itself from its parent company, China Evergrande Group, as evidenced by the rebranding of its official WeChat account to "Jinbi Property Services" in November 2023, which was interpreted as a signal of its move towards independent operations [1]. - Currently, China Evergrande and CEG Holdings remain the controlling shareholders of Evergrande Property, holding 51% of its issued share capital [1].