China Evergrande New Energy Vehicle to raise $516m from Tencent, Sequoia, others

China Evergrande New Energy Vehicle to raise $516m from Tencent, Sequoia, others

Tencent Holding Ltd

China Evergrande New Energy Vehicle Group Ltd said on Tuesday investors including Tencent Holdings Ltd and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company shares in a share sale.