Evergrande Unit's Holders Yet to Receive Coupon Payments

Evergrande Unit's Holders Yet to Receive Coupon Payments

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Business

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Hard

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The transcript discusses China Evergrande's ongoing financial challenges, focusing on missed deadlines, bond payments, and grace periods. It highlights the recurring nature of these issues, likening it to 'Groundhog Day.' The discussion includes specific bond payments due, the grace periods involved, and the company's struggles with asset sales. The financial uncertainty is compounded by the inability to sell stakes in various units, raising questions about the founder's wealth and potential asset liquidation.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recurring theme is highlighted in the discussion about Evergrande's financial situation?

Consistent profit growth

Frequent new deadlines and grace periods

Stable market conditions

Decreasing debt levels

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which unit of Evergrande issued bonds with upcoming coupon payments?

Evergrande Real Estate

Scenic Journey

Evergrande Auto

Evergrande Health

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the deadline for the 82.5 million dollar coupon payment?

November 6th

December 6th

January 6th

October 6th

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has Evergrande struggled to sell as part of its asset sales?

Its sports team

Its technology patents

Its food and beverage division

Its EV unit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is uncertain about the founder of Evergrande?

His political affiliations

His future business plans

His educational background

The extent of his wealth