** Evergrande Property Services Group 6666.HK falls 4.9% to HK$0.77; set for biggest one-day pct drop since Oct. 17, 2024
** Stock on track to snap two straight sessions of gains
** Parent co China Evergrande 3333.HK said a court in Hong Kong ordered one of its key offshore units, CEG Holdings, to be wound up - the latest in a slew of legal victories for the embattled developer's liquidator
** CEG holds 49.8% of Evergrande Property Services Group
** Trading in China Evergrande, halted since Jan. 29, 2024, will remain suspended
** Evergrande Property Services Group gained 54.6% in 2024
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.