Showing 12 of 52 posts with this tag
Evergrande issued a response on August 20, affirming that it would fulfill its responsibilities and fully implement government requirements.
The ongoing storm related to the overdue redemption of Evergrande's wealth management products continues and doubts about the earlier redemption of these products by some of the company's senior executives are immense.
Evergrande New Energy Vehicle Investment Holding Group Co., Ltd., an automobile business arm of Evergrande, recently added new information regarding its listing as a judgment debtor.
CSL 2019 Weekly: Matchweek 17
Regarding recent reports that Evergrande Auto will be acquired by another automobile company, on August 18, Liu Yongzhuo, president of Evergrande Auto, denied the news.
Evergrande Auto closed down 24.66% to HK $3.88 per share on Tuesday, with a total market value of HK $37.904 billion ($4.873 billion).
China’s real estate giant Evergrande Group announced on June 29 that the company’s all-electric NEVS 93’s are finally ready to be delivered to customers.
China Evergrande says that the company plans to begin mass production of its fully electric vehicles as early as 2022.
The pre-sale of the Hengchi 5, a car model made by Evergrande Auto, will start on July 6. Interested customers can make an appointment to test drive, which has been made available in the last week or so.
Forty-three days after the pre-sale of its Hengchi 5 model began, Evergrande Auto is reportedly to be acquired by another automobile company, and this acquisition may be led by the local government.
Hengchi 5, the first mass production model of Evergrande Auto, successfully rolled off the production line on Thursday, 12 days ahead of schedule.
Evergrande Group, a Shenzhen-based Chinese real estate giant, has acquired 100 percent shares of Season Smart Limited for HKD 6.746 billion($860 million), becom...