China Evergrande New Energy Vehicle Group (HK:0708) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
China Evergrande New Energy Vehicle Group Limited has announced that two of its subsidiaries are facing bankruptcy and reorganization proceedings initiated by individual creditors, which will significantly affect the company’s production and operations. Shareholders and potential investors are advised to exercise caution when dealing with the company’s shares.
For further insights into HK:0708 stock, check out TipRanks’ Stock Analysis page.
