News Formal

China's Evergrande EV unit applies to resume trading on HK exchange

  • 📰 Reuters
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

China Evergrande New Energy Vehicle Group said on Thursday that it had applied to the Hong Kong Stock Exchange to resume trading in the company's shares on Friday.

A view of the electric vehicle factory of China Evergrande New Energy Vehicle Group in Tianjin, China October 20, 2021. Picture taken October 20, 2021. REUTERS/Yilei Sun/File photosaid on Thursday that it had applied to the Hong Kong Stock Exchange to resume trading in the company's shares on Friday., has been suspended since April 1, 2022, after it got sucked into a debt crisis in mid-2021., reporting a combined net loss of 71.12 billion yuan for 2021 and 2022.

The firm had previously announced that as of May it had delivered more than 1,000 units of its EV, sales of which started in October last year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Accelerating the energy transition towards photovoltaic and wind in China - NatureTo meet China’s goal of carbon neutrality by 2060, substantial investment in upgrading power systems needs to be made to optimize the deployment of new photovoltaic and wind power plants.
Source: Nature - 🏆 64. / 68 Read more »