Shares of China Evergrande EV unit plunge 23% after executive director is detained
A sign on the exterior of the China Evergrande New Energy Vehicle Group Ltd. research headquarters in Shanghai, China, on Friday, Sept. 24, 2021.Bloomberg | Bloomberg | Getty ImagesShares of the electric vehicle manufacturing arm of property developer China Evergrande plunged 23% on Monday after the unit revealed its vice chairman had been detained.In a filing to the Hong Kong exchange, Evergrande NEV announced that "the company has learned that its executive director Mr. Liu Yongzhuo has been detained in accordance with…