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China Evergrande In Talks With Xiaomi Consortium To Sell EV Unit Stake

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China Evergrande In Talks With Xiaomi Consortium To Sell EV Unit Stake

Embattled Chinese property developer Evergrande Group is in talks with smartphone maker Xiaomi and Shenzhen state-backed investment firms as it looks to sell part of a 65% stake in its electric vehicle (EV) unit, three sources said. China’s central bank,…

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