Evergrande EV Shares Surge Post Liquidators' Stake Sale Deal
TL;DR
Shares of China Evergrande New Energy Vehicle Group surged over 100% after liquidators agreed to sell a significant stake in the company, with the potential buyer also offering a line of credit to support operations. This comes amid financial struggles and a recent demand for repayment of subsidies.
Topics:top-newsbusiness#business#china-evergrande#electric-vehicles#hong-kong#liquidation#stock-market
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