Chinese real estate developer Evergrande Group is negotiating with both state-owned and private companies to sell stakes in the China Evergrande New Energy Vehicle Group and Evergrande. However the share price of Evergrande Auto 00708HKEX rose sharply after exposing a large loss performance.
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Chinas Evergrande NEV valued at US87 billion has not sold a single electric car Shareholders have pushed Evergrande.
Evergrande china automotive. On August 10 the share price continued to rise in the afternoon with an increase of 10. Outside Greater China Evergrande has spent billions of dollars acquiring stakes in foreign automobile technologies for its new energy vehicle. In addition China Evergrande 03333HKEX rose 6 and Evergrande.
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