The liquidators of China Evergrande Group said in September 2025 they have made
progress on a sale of Evergrande Property (06666.HK). Taimeng Investment Group,
the previously exclusive potential buyer, is set to obtain a controlling stake
and intends to launch a full takeover offer required under Hong Kong takeover
rules. Taimeng says the offer is largely procedural and that it aims to keep
Evergrande Property listed rather than privatize. Multiple bidders had
previously engaged, including Guangdong Tourism Holdings; Taimeng prevailed on
the strength of its track record in related assets, notably a prior investment
in Wanda Commercial Management.