Shares of China Evergrande New Energy Vehicle fell sharply after creditors of two of its units asked a court to begin bankruptcy proceedings. Chinese authorities have ordered Evergrande Auto to ...
HONG KONG--Shares of China Evergrande Group tumbled on Thursday, as investors in the debt-laden developer were sceptical of the company’s thinly detailed plan to have a preliminary restructuring ...
A creditor filed a petition for the bankruptcy of a unit of China Evergrande New Energy Vehicle (NEV) Group in a Shanghai ...
A British court has allowed the former wife of China Evergrande's founder to spend up to £20,000 ($26,180) per month from her ...
Trade in China Evergrande New Energy Vehicle's shares was halted in Hong Kong after one of its unit's creditors applied for bankruptcy liquidation in a Shanghai court. Shares of the electric-vehicle ...
That plan called for a $2.7 billion debt-for-equity swap, and a nearly $500 million share sale that would give Dubai-based automaker NWTN a 27.5% stake. Evergrande NEV's combined 2021 and 2022 ...