This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: China Evergrande’s EV Business to Raise $347 Million From Share Sales
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > China Evergrande’s EV Business to Raise $347 Million From Share Sales
Markets

China Evergrande’s EV Business to Raise $347 Million From Share Sales

Editorial Board Published November 20, 2021
Share
China Evergrande’s EV Business to Raise 7 Million From Share Sales
SHARE

China Evergrande New Energy Vehicle Group Ltd. is planning to raise around $347 million from a share placement in an effort to strengthen its financial position and fund production of electric vehicles.

The Hong Kong-listed company, also known as Evergrande Auto, is selling 900 million shares for three Hong Kong dollars apiece, equivalent to US$0.39 a share. That represents a nearly 15% discount to the stock’s last traded price, the company said late Friday.

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Citadel CEO Kenneth Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution Citadel CEO Kenneth Griffin Outbid a Group of Crypto Investors for Copy of U.S. Constitution
Next Article Reliance Industries, Saudi Aramco to Re-Evaluate Planned Business Tie-Up Reliance Industries, Saudi Aramco to Re-Evaluate Planned Business Tie-Up

Editor's Pick

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Emman Atienza Reason for Demise: Social Media Star Passes Away at 19

Studying Time: 2 minutes Beloved influencer Emman Atienza has been discovered lifeless in Los Angeles. She was simply 19 years…

By Editorial Board 2 Min Read
Oakland-born former Raiders RB Martin dies at 36; trigger ‘unconfirmed,’ household says
Oakland-born former Raiders RB Martin dies at 36; trigger ‘unconfirmed,’ household says

By Rick Stroud, Tampa Bay Occasions TAMPA, Fla.— Doug Martin, whose mix…

4 Min Read
Why the proper thinks everybody they do not like is a terrorist
Why the proper thinks everybody they do not like is a terrorist

Explaining the Proper is a weekly collection that appears at what the…

6 Min Read

Oponion

Fiery bus crash kills dozens of migrants simply again in Afghanistan after Iran deported them, officers say

Fiery bus crash kills dozens of migrants simply again in Afghanistan after Iran deported them, officers say

Seventy-six folks have been killed in a collision in western…

August 20, 2025

5 takeaways from the Nevada Senate debate

Sen. Jacky Rosen (D-Nev.) and Republican…

October 18, 2024

Microsoft Pledges to Put ‘Call of Duty’ on Nintendo Switch If Activision Deal Is Approved

TechThe move is the software giant’s…

December 7, 2022

SF Giants’ dropping streak hits six video games as Birdsong fails to document an out

ATLANTA — Thanks partially to the…

July 22, 2025

Stephen Miller’s spouse thinks that you must hear all about her life

Hey all people! Katie Miller’s received…

August 8, 2025

You Might Also Like

Why students condemn capitalism and lean into socialism
Markets

Why students condemn capitalism and lean into socialism

FOX Enterprise anchor David Asman joins ‘Mornings with Maria’ to interrupt down his sequence inspecting socialism’s rising affect in America’s…

3 Min Read
Trump pardons convicted Binance founder Changpeng Zhao
Markets

Trump pardons convicted Binance founder Changpeng Zhao

Gemini co-founders Tyler and Cameron Winklevoss focus on cryptocurrency’s progress beneath the Trump administration, their partnership with Mastercard for a…

4 Min Read
Molson Coors to chop tons of of jobs in restructuring plan
Markets

Molson Coors to chop tons of of jobs in restructuring plan

Tilray CEO Irwin Simon explains his firm's cannabis-infused beer and discusses President Donald Trump’s resolution on reclassifying marijuana on ‘The…

3 Min Read
Molson Coors to chop tons of of jobs in restructuring plan
Markets

Molson Coors to chop lots of of jobs in main restructuring plan

Tilray CEO Irwin Simon explains his firm's cannabis-infused beer and discusses President Donald Trump’s resolution on reclassifying marijuana on ‘The…

3 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?