HONG KONG : A share sale plan between China Evergrande New Energy Vehicle Group, the electric vehicle arm of property developer China Evergrande, and U.S.-listed NWTN has lapsed, according to a Hong Kong stock exchange filing on Monday. As neither party agreed on the extension of the long stop date, which
HONG KONG: Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.