Monday, January 8, 2024

Debt-ridden Chinese property Evergrande says EV director detained as criminal activity

In China, the highly indebted property company Evergrande says a director of its electric vehicle business has been detained on suspicion of criminal activity. Shares in the Evergrande New Energy Vehicle group were suspended for several hours in Hong Kong until the announcement was made. Here's Andrew Wood in Hong Kong.

 

IN: "Evergrande named the man as …

OUT: …Andrew Wood, Hong Kong.

DURATION: 0:43

 

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