China Sells $4 Billion Dollar Bond Amid Evergrande Woes

China Sells $4 Billion Dollar Bond Amid Evergrande Woes

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's strong demand for sovereign issuances since its return to the dollar bond market in 2017. It details a recent $4 billion bond sale in Hong Kong, noting a decrease from a $6 billion offering the previous year. The video highlights investor sentiment amid China-specific risks, particularly the high yield bond issues linked to Evergrande. It concludes with an update on Evergrande's financial situation, including missed dollar coupon payments and recent onshore bond payments.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What year did China return to the dollar bond market in Hong Kong after a hiatus?

2015

2017

2019

2021

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much was the recent bond sale in Hong Kong worth?

$2 billion

$4 billion

$6 billion

$8 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding China's credit markets?

High-yield bond issues

Trade tariffs

Low investor interest

Currency devaluation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company's financial troubles are highlighted as a risk to China's credit markets?

Alibaba

Evergrande

Tencent

Huawei

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent financial action did Evergrande's main domestic unit take?

Issued new bonds

Paid off all debts

Remitted funds for an onshore bond coupon

Acquired a new company