Evergrande Auto

2024.12.24

20:40

Evergrande Auto (00708.HK): Ms. Fu Manyi has been appointed as an independent non-executive director, effective from December 24, 2024.

2024.12.05

12:01

Hong Kong Stocks Midday Review: Hang Seng Index fell 0.99%, Hang Seng Technology Index fell 0.61%

At the close of Hong Kong stocks at noon, the Hang Seng Index fell 0.99% and the Hang Seng Technology Index fell 0.61%. BYD Electronics rose more than 5%, AAC Technologies and Meitu rose more than 3%; Evergrande Auto, Alibaba Health and Hisense Home Appliances fell more than 3%.

2024.05.30

09:44

Xiaomi says it never had plans or moves to buy or hold Evergrande's EV unit

Asia Tech Wire (May 30) -- Chinese tech company Xiaomi says it never had any plans or moves to acquire or take a controlling stake in real estate developer Evergrande's electric car unit.

2024.05.23

08:10

Evergrande's EV unit asked by Chinese authorities to return $262mn in incentives, subsidies

Asia Tech Wire (May 23) -- Chinese authorities are demanding that the electric vehicle unit of debt-laden Chinese real estate firm Evergrande Group return 1.9 billion yuan ($262 million) in incentives and subsidies.

2024.01.08

08:38

China Evergrande's EV unit falls after saying its president was detained

National Business Wire (Jan 8) -- Shares of China Evergrande New Energy Vehicle Group Ltd (0708.HK), known as Evergrande Auto, the electric vehicle unit of indebted property developer China Evergrande Group (3333.HK), had fallen more than 10% by midday Monday.

2021.11.10

11:04

Evergrande Auto to raise HK$500 million for new energy vehicle R&D and production

Asian Tech Press (Nov 10) -- China Evergrande's Ev unit announced in the Hong Kong Stock Exchange that the company signed a placing and subscription agreement with the placing agent on November 9.

2021.10.20

10:25

China's Evergrande to sell its Swedish electric car company

Asian Tech Press (Oct 20) -- National Electric Vehicle Sweden (NEVS) AB, a subsidiary of China's Evergrande Group, is reportedly in talks with venture capital firms and industry partners in the U.S. and Europe to find a new owner.

2021.08.20

03:52

China Evergrande denies rumors of selling shares to Xiaomi

Aug 20, 2021 - China Evergrande New Energy Vehicle Group responded to rumors of selling shares to Xiaomi that Evergrande Auto had preliminary communications with Xiaomi Group in the process of introducing strategic shareholders but did not advance with in-depth talks.

2021.07.22

05:20

Faraday Future to trade on Nasdaq after merger with PSAC

Asian Tech Press -- U.S. electric car startup Faraday Future (FF) will begin trading on Nasdaq on Thursday after a successful merger with PSAC, a special purpose acquisition company.

2021.04.19

14:00

A Chinese netizen is almost dragged away for creeping under Evergrande vehicle at the Shanghai Auto Show

Shanghai Auto Show appeared a funny scene: a Chinese netizen was almost dragged away because he wanted to study the chassis structure of Evergrande vehicle!

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