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EVERGRANDE NEV
Embattled Evergrande's EV unit vows to make cars early next yearEvergrande NEV, which is linked to troubled Chinese developer Evergrande Group, has held meeting with suppliers and local authorities in th...
11 Oct, 2021, 07.13 PM IST
Evergrande’s EV unit admits there’s no certainty it can pay debtShares in Evergrande NEV tumbled as much as 25.8% on Friday, bringing losses for the year to 93%. In February, when the stock was at its pe...
25 Sep, 2021, 01.31 PM IST
Explainer: How China Evergrande's debt troubles pose a systemic riskIn the dollar bond market, Evergrande accounts for 4% of Chinese real estate high-yields, according to DBS. Any defaults will also trigger ...
16 Sep, 2021, 12.12 PM IST
China shares end higher as financials lead reboundThe blue-chip CSI300 index was up 0.18%, with its financial sector sub-index higher by 1.14%, the consumer staples sector up 0.3% and the h...
26 Nov, 2020, 02.24 PM IST
Tesla gaining ground pushes China’s EV bubble closer to burstingMonthly Tesla registrations in China now exceed 10,000 and helped the company beat global delivery estimates in the latest quarter.
09 Jul, 2020, 09.07 AM IST