Poker Pal of Evergrande Founder Heads for the Exit

The transcript discusses the financial difficulties faced by China Evergrande, including missed bond payments and the reduction of stakes by China Estates. Despite some backing from business associates like Joseph Lau, the company's stock has declined. There are reports of potential asset sales, but key assets remain unsold. The People's Bank of China (PBOC) is injecting liquidity into the financial system to ensure market stability and protect homebuyers' rights.

What good news was reported regarding the life insurance unit of China Evergrande?

What measures is the PBOC taking to ensure a healthy property market?