HONG KONG : Shares of China Evergrande's electric car unit China Evergrande New Energy Vehicle Group plunged as much as 23per cent 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.
The warning after the market closed on Friday was the clearest sign yet that the property developer's liquidity crisis is worsening in other parts of its business.
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China steps up funding oversight of Evergrande property projects: ReportBEIJING: Several local governments in China have set up special custodian accounts for property projects of its most indebted developer, Evergrande, to protect funds earmarked for housing projects from being diverted, media outlet Caixin said. Reeling under US$305 billion of debt, Evergrande missed a payme
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China welcomes Huawei executive home, Trudeau hugs Canadians freed by BeijingHuawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday, ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China and the two western allies. Meng https://www.reuters.com/business/huawei-heir-apparent-prepares-life-after-three-years-canada-court-battle-2021-09-24, the daughter of Huawei Technologies founder Ren Zhengfei, was allowed to go home after reaching an agreement with U.S. prosecutors on Friday to end a bank fraud case against her. Two Canadians detained by Chinese authorities just days after Meng's arrest - Michael Kovrig and Michael Spavor - were embraced on the tarmac by Canadian Prime Minister Justin Trudeau after they landed in Calgary.
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China welcomes Huawei executive home, Trudeau hugs Canadians freed by BeijingHuawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday, ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China and the two western allies. Meng https://www.reuters.com/business/huawei-heir-apparent-prepares-life-after-three-years-canada-court-battle-2021-09-24, the daughter of Huawei Technologies founder Ren Zhengfei, was allowed to go home after reaching an agreement with U.S. prosecutors on Friday to end a bank fraud case against her. Two Canadians detained by Chinese authorities just days after Meng's arrest - Michael Kovrig and Michael Spavor - were embraced on the tarmac by Canadian Prime Minister Justin Trudeau after they landed in Calgary. if it is so foreign why you had a PR before there, bought million dollar homes there, children educated there? If Canada so full of suffering why you want to buy houses, stay there and educate your children there? Suffering? Staying in a big house, free security, living it up, wearing designer clothes n luxuries.. You can lie to those brainwashed wumaos. Try harder.
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Canada foreign minister says eyes wide open when it comes to normalising China tiesTORONTO: Canada\u0027s \u0022eyes are wide open\u0022 when it comes to normalising its relationship with China, Foreign Minister Marc Garneau said on Sunday (Sep 26), two days after the release of a Huawei executive following almost three years of house arrest in Vancouver. Huawei Technologies Chief Financial Officer Men 兩個之間大事化小，小事化了不對嗎？ Canada's fault in the first place tweet4852 ugly witch of huawei
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Two Canadians detained by China for more than 1,000 days return home: Local mediaTORONTO: The two Canadians who were detained by Beijing for more than 1,000 days returned home on Saturday (Sep 25), local media reported, where Prime Minister Justin Trudeau received them. Footage f Tit 4 tat.....fair xchange is no robbery. Alls well that ends well.
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China pledges to stop building new coal energy plants abroadChina has been under pressure to end the financing, as the world tries to meet Paris climate agreement targets.
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