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China Evergrande NEV Group Delays 2024 Annual Results, Trading Suspension Imminent

Story Highlights

The latest announcement is out from China Evergrande New Energy Vehicle Group ( (HK:0708) ).

China Evergrande New Energy Vehicle Group Limited announced a delay in the publication of its annual results for the year ended 31 December 2024, which will now be released after the previously set deadline. This delay has prompted the company to apply for a suspension of trading in its shares on the Hong Kong Stock Exchange starting 1 April 2025, highlighting the potential impact on investors and stakeholders who are advised to exercise caution.

More about China Evergrande New Energy Vehicle Group

China Evergrande New Energy Vehicle Group Limited operates in the automotive industry, focusing on the development and production of new energy vehicles. The company is part of the larger Evergrande Group, which is known for its diversified business interests including real estate and electric vehicles.

YTD Price Performance: -35.00%

Average Trading Volume: 4,675

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $241.4M

For a thorough assessment of 0708 stock, go to TipRanks’ Stock Analysis page.

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