China Evergrande's EV Unit Faces Share Decline After Executive's Arrest

China Evergrande's EV Unit Faces Share Decline After Executive's Arrest

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In the latest turn of events, China Evergrande New Energy Vehicle Group Ltd, the electric vehicle (EV) unit of China Evergrande Group EGRNF, experienced a significant 23% fall in share value on Monday following the arrest of its executive director. What Happened: Hong Kong-listed shares of China…

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