Evergrande Tycoon Loses $20 Billion as Investors Revolt

The video discusses the financial stress faced by Evergrande, Asia's largest issuer of junk bonds, and the concerns it raises among investors. It highlights the potential contagion risk in the market and questions whether Beijing will continue to support such firms. The impact on Evergrande's billionaire founder, Way Kiyon, is also examined, including his efforts to garner support from wealthy friends to stabilize the company's financial situation.

What is the primary concern of investors regarding Evergrande?

• Its environmental policies

• Its expansion into new markets

• Its financial health and missed payments

• Its leadership changes

What percentage of China's dollar bond market is made up by Evergrande and Hwoarang?

• 20%

• 10%

• 15%

• 5%

What is a major concern for the financial sector regarding Evergrande's situation?

• The increase in tourism

• The rise in technology stocks

• The potential for good credit to be affected by bad credit

• The impact on global oil prices

What has happened to Way Kiyon's personal wealth since the crisis?

• It has doubled

• It has remained the same

• It has fallen by about a third

• It has increased by 50%

How has Way Kiyon managed financial challenges in the past?

• By selling company assets

• By garnering support from wealthy friends

• By increasing product prices

• By cutting employee salaries