Evergrande Shares Halted in Hong Kong Trading

The transcript discusses Evergrande's efforts to sell key assets amid financial difficulties, including failed attempts to sell stakes in various units. It highlights market speculation about bond payments and debt restructuring, and clarifies a corrected report on a 51% stake sale in Evergrande Property Services. The transcript also covers the opaque nature of Evergrande's bond obligations and the potential for default if payments are not made by the due date.

How has the local government been involved in Evergrande's asset sales?

What are the implications of missing the bond maturity payment for Evergrande?