Property News · June 12, 2024

Evergrande’s NEV unit plunges on China’s order to refund US$262 million in state subsidies


Evergrande NEV’s quandary adds to the financial woes of its parent company, which was ordered to be liquidated by the Hong Kong High Court in January.

Source : South China Morning Post
Read more…Evergrande’s NEV unit plunges on China’s order to refund US2 million in state subsidies