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China Evergrande's electric car unit's shares tumble 23% after warning

HONG KONG (Reuters) - Shares of China Evergrande's electric car unit China Evergrande New Energy Vehicle Group plunged as much as 23% on Monday after it warned it faced an uncertain future unless it got a swift injection of cash and after it said it will not proceed with plans to issue RMB shares. Read More

 

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