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China Evergrande’s EV unit shares surge on business shift, Evergrande sinks

China Evergrande’s EV unit shares surge on business shift, Evergrande sinks

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HONG KONG — Shares in China Evergrande Group’s electric vehicle (EV) unit rose as much as 5.8% early on Tuesday, extending gains from the previous day as the cash-strapped developer said it would prioritize the growth of its EV business. Read More

HONG KONG — Shares in China Evergrande Group’s electric vehicle (EV) unit rose as much as 5.8% early on Tuesday, extending gains from the previous day as the cash-strapped developer said it would prioritize the growth of its EV business. Read More

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