HONG KONG (Reuters) – Shares of China Evergrande New Energy Vehicle are set to open up 9% after individual creditors of two of its units applied to a local court for bankruptcy and reorganization.
Shares of the electric vehicle making unit of China Evergrande Group set to open at HK$0.365 ($0.05), the highest open since July 18.
($1 = 7.8069 Hong Kong dollars)
(Reporting by Hong Kong newsroom; Editing by Christian Schmollinger)
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