Evergrande Rating Cut Deeper Into Junk by S&P

The video discusses the financial challenges faced by Evergrande and Huarong, two major players in China's dollar bond market. Evergrande's credit ratings have been downgraded, raising concerns about nonpayment risks. Market reactions include a sell-off in dollar bonds due to rumors about court case changes. Huarong faces a critical period with upcoming financial results and potential restructuring to avoid default. Key dates and investor concerns are highlighted.

What rumors were circulating regarding Evergrande's court cases?

How might the potential corporate restructuring at Huarong affect investors?