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Potential Buyer Found by Liquidators of China Evergrande's EV Unit

SCMP LogoSCMP3w ago

Potential Buyer Found by Liquidators of China Evergrande's EV Unit - SCMP

Quick Summary:

The EV unit of embattled real estate developer China Evergrande said liquidators are in talks with a potential buyer who may also extend a new line of credit for production.

Trading in the shares has also been suspended since May 17.

The company’s Tianjin factory stopped operating since the beginning of the year.

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Potential Buyer Found by Liquidators of China Evergrande's EV Unit - SCMP (Picture 1)

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-26 @ 21:57:31 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 299 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21091293

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 17 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 26 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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  • URL: https://beamstart.com/news/china-evergrandes-ev-unit-says-17167332177511

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