This article only represents the author's own views.
Real estate developer China Evergrande Group has been ordered into liquidation, but that process has been slow because most of its assets are in the complex China market. But the situation is more straightforward for Evergrande’s property management arm, Evergrande Property Services Group Ltd. (6666.HK), which is listed in Hong Kong and could be sold off in its existing form. What’s more, the property management arm still holds some value, leading the liquidators to focus on finding potential buyers.
Evergrande’s liquidators invited interested parties to conduct due diligence on the property management arm in January, and asked them to submit proposals by the end of the month, Evergrande Property announced last month.