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China Evergrande EV arm to pursue liability transfer for $3 6B gain (OTCMKTS:EGRNF)

Struggling Chinese real estate conglomerate China Evergrande Group (EGRNF) (EGRNY) said its electric vehicle unit (EVGRF) will record a gain of about 24.79B yuan (US$3.59B).

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Evergrande EV unit set for USD3 6B gain from liability transfer

Evergrande EV unit set for USD3 6B gain from liability transfer
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