Evergrande NEV shares set to open sharply higher after share sale to NWTN

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Evergrande NEV shares set to open sharply higher after share sale to NWTN
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Shares of China Evergrande New Energy Vehicle Group (NEV) are set to open 14.7% higher on Tuesday, after the company said it has agreed to sell new shares to U.S.-listed NWTN for $500 million.

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