12
Jun
04:39
Government chases Evergrande Auto's subsidies, assets
Evergrande Auto, the NEV company of troubled Chinese real estate company Evergrande, is being chased by government departments for violating signed contracts. It will have to pay subsidies back, Kallanish learns.
On 11 June, Hong Kong-listed Evergrande Auto announced that its subsidiaries received administrative processing decisions from relevant local administrative departments.
“Based on the fact that the relevant subsidiaries failed to perform the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous