Evergrande's Financial Woes Continue as $500M Share Deal Suspended, Investigations Launched
- Evergrande's $500 million share deal with NWTN suspended due to uncertainties with Evergrande group
- Investigations initiated against Evergrande, founder, and executives
- Evergrande's debt restructuring plan derailed
- Trading in shares of Evergrande's EV unit to resume after suspension
- August deal would have seen EV unit issue over 6B new shares to NWTN for $497M
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7CYFWWHEXVLM3CFMUZG3O7YG7I.jpg)