China Evergrande Shares Tank After Project Sales Halt by Chinese City

The transcript discusses Evergrande's deteriorating liquidity and debt situation, highlighting the increased scrutiny from investors. It explores the potential role of the government in addressing the crisis and the impact of a meeting between government officials and Evergrande on bond markets. The discussion also covers the pressure on Evergrande, the unique nature of the current crisis, and speculation about a special dividend, which could influence the company's fortunes.

What is the primary concern regarding Evergrande's financial situation?

• Its increasing profits

• Its expansion into new markets

• Its high employee turnover

• Its deteriorating debt and liquidity situation

How did investors react to the meeting between Evergrande and government officials?

• They sold off their bonds

• They demanded more transparency

• They ignored the news

• The bonds saw a jump in value

What is one of the most liquid bonds in China's dollar bond market?

• The 2015 bond

• The 2030 bond

• The 2025 bond

• The 2040 bond

What are investors speculating about regarding Evergrande's special dividend?

• Whether it will be doubled

• Whether it will be canceled

• Whether it will be in the form of cash or shares

• Whether it will be paid in cryptocurrency

What could be a negative sign for creditors regarding the special dividend?

• If it is paid in cash

• If it is reduced

• If it is delayed

• If it is paid in shares