like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company s assets are onshore in mainland china, they are land, properties the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co operation from local governments. i think it will be very tricky. this is just one stage in what is likely to be still quite prolonged process if the off shore creditors wish to get hold of ultimately money which comes from mainland property assets. let s talk to hong bo, professor of financial economics in the school of finance and management at london s soas university. the chinese government is unlikely to allow evergrande
that follows the police killing of a teenager on tuesday. 16,000 police have again been deployed, but there have been fewer incidents nationwide than on previous nights. president macron said he supported the security forces but was also looking in detail at the events that led to the death of nahel. he was scheduled to meet with german chancellor olaf scholz today but cancelled his trip on saturday. joining me now is tomasz michalski, associate professor of economics at the hec business school in paris. tomasz, fewer arrests overnight. what is the situation likely you in paris? where i am, i am in the leafy suburbs of western paris, there is nothing happening that you can observe, anything. but having said that, the night has been, in different places, especially in areas where you have a lot of council housing, high rise towers and projects, that s where most of the writing takes place night has been calmer. and in the inner city, where you have shops that can be looted
is day one of wimbledon. novak djokovic takes to centre court. hello, i m matthew amroliwala. welcome to verified live, three hours of breaking stories, and checking out the truth behind them. we start in the occupied west bank where intense gun battles are continuing. hundreds of israeli soldiers are carrying out an assault on the city ofjenin. at least eight palestinians have been killed in gun battles have been continuing. it started with multiple drone strikes on the jenin started with multiple drone strikes on thejenin refugee camp. and israeli army vehicles, were seen moving in. israel claims, the camp contains a command centre for palestinian militants. across the jenin skyline, smoke has been rising for much of the day palestinian leaders say, it s an attempt to destroy a refugee camp and that innocent people inside the camp have been bombed. gun g u n battles gun battles have raged, with palestinians seen firing at israeli troops. vehicles have been firing tear gas
it covers small and medium sized companies which should give us insight into how china s public sector is doing. 0n china s public sector is doing. on tuesday australia central bank will be meeting and investors will be watching to see if authorities will hold steady or hike the cost of borrowing because of inflation concerns. earlier, ispoke borrowing because of inflation concerns. earlier, i spoke to peter maguire of xm.com and he said he expected to see movement from tokyo on the japanese yen. i movement from tokyo on the japanese yen- japanese yen. i think there would not japanese yen. i think there would not be japanese yen. i think there would not be surprised. - japanese yen. i think there i would not be surprised. they had done it in the last six or a months as far as intervention when it approaches the 145 150 sort of handle so we will not be surprised to seek intervention sometime injuly. australia central bank will be meeting this week as well. it is a tricky