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 ...
Chinese authorities fined PricewaterhouseCoopers nearly $108 million over lapses in its auditing of China Evergrande Group’s ...
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 ...