HONG KONG -- Tencent Holdings, Didi Chuxing and a Jack Ma-backed private equity fund are poised to join a 4 billion Hong Kong dollar ($516.1 million) fundraising for the electric vehicle unit of property developer China Evergrande Group.
Electric cars in China
Tencent, Jack Ma and Didi to buy stakes in Evergrande's EV unit
Upstart automaker's stock tumbles 11.5% on news of discount placement
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