Evergrande shares fell however much 14% on Thursday in Hong Kong as they continued exchanging following a 17-day stop.
The massively obligated Chinese property goliath had prevented its portions from exchanging in front of a declaration.
Reports said land firm Hopson Advancement was set to purchase a 51% stake in its property administrations unit.
On Wednesday, Evergrande said the $2.6bn (£1.88bn) bargain had fallen through as they couldn't concede to the arrangements terms.
The emergency at Evergrande has set off apprehensions that its potential breakdown could send shockwaves through worldwide business sectors.
Financial backers have worries about its more than $300bn of obligation. The organization's absolute liabilities are equivalent to around 2% of China's GDP.
Hopson Advancement is another Chinese property firm that is owed cash by Evergrande and a few investigators thought this potential arrangement was a way for Evergrande to discount its obligation.
Hopson said on Wednesday that Evergrande told it the arrangement had been ended on 13 October and that it was currently investigating different choices accessible to secure its premium.
'No ensures obligations will be paid'
The emergency regarding Evergrande started last year when Beijing, stressed by rambling obligation in the land area, acquired new standards to control the sum owed by large designers.
The firm hit an underlying hindrance in those days to meet the interest installments on its obligations. Presently, things have gone from terrible to more awful.
Its portion cost has tumbled and its bonds have been downsized by worldwide credit scores organizations.
Evergrande's administrator and author Hui Ka Yan says its will probably attempt to get expansions for its obligations and "other elective courses of action" with its lenders.
In any case, he added, "there is no assurance that the gathering will actually want to meet its monetary commitments".
Lately, the obligated property goliath has apparently missed revenue installments to abroad financial backers twice.
On Thursday it had been conceded a three-month augmentation on one more of its obligations in the wake of consenting to give additional insurance, as per research firm REDD.
Investigation: Mariko Oi, Asia Business Reporter
At the point when China's state-claimed media revealed that the Evergrande-Hopson bargain was normal, numerous financial backers thought it was something done. Yet, in the wake of hanging tight for the declaration for more than about fourteen days, it imploded.
Its property administrations unit is a crown gem for the organization, and a few examiners think Evergrande likely didn't have any desire to sell it without controlling the returns of the deal.
Yet, the time is ticking for the organization to default. Saturday flags the finish of its one month effortlessness period to pay loan bosses the interest on its obligation.
Different designers Sinic and Capriccio have as of now defaulted recently.
So the central issue on financial backers' brain is: what's next?
Some think Beijing will step in to constrain Evergrande to sell resources all the more rapidly while the firm rebuilds and financial backers - particularly outside of China - may wind up losing cash.
Its portions have effectively lost over 80% of their worth this year.
China's property designers are accepted to owe more than $5tn all up. It's a tremendous obligation for the world's second greatest economy, which is as of now engaging different migraines like the energy emergency and taking off natural substance costs.