China Evergrande Stake Worth $1 Billion Enters Clearing System

The video discusses Evergrande's financial challenges, including its efforts to meet obligations amid a significant drop in share and bond prices. It highlights the role of Haitong International Securities in managing Evergrande's shares as collateral for loans. Additionally, the video covers Evergrande's attempts to sell its new energy vehicle unit and raise funds through share placements, despite difficulties in finding buyers.

What has been the impact on Evergrande's share price this year?

• It has decreased by 80%

• It has increased by 80%

• It has remained stable

• It has increased by 20%

What strategy is Evergrande using to meet its financial obligations?

• Selling off assets

• Reducing workforce

• Using personal wealth of founders

• Issuing new bonds

What did Haitong International Securities report about Evergrande?

• A billion dollars in Evergrande shares in the settlement system

• A decrease in Evergrande's share value

• A new partnership with another developer

• Evergrande's acquisition of new properties

What is Evergrande's approach to its new energy vehicle unit?

• Finding a buyer for a stake in the unit

• Selling the unit to a competitor

• Shutting down the unit

• Pushing ahead with deliveries and share placement

How did the market react to Evergrande's share placement news?

• The stock price decreased significantly

• The stock price doubled

• The stock price remained unchanged

• The stock price increased by 11% at the end of the day