Latest Breaking News On - Situation evergrande - Page 1 : comparemela.com

do you think they will be able to get their money back? i think that for the major debt holder, the bond order should be, to be honest, we expect this bond order can still only recover approximately 2% or 3% under liquidation scenario and currently the bond issued by evergrande is only trading at 2 cents of the dollar. at this point we believe the most valuable assets owned by evergrande are still in offshore assets which include the share of the publicly serviced and other electric vehicle divisions. meanwhile we think it is virtually impossible to recover anything from its onshore assets. what are the broader implications for the industry from evergrande s liquidation? actually, evergrande is the first developer, first large developer that has been ordered to liquidate. if you look at the previous example, we also saw that the government between hong kong and mainland china china has unusual recognition for insolvency proceedings. so in theory, liquidators from hong kong sh

Mainland chinaHong kongHong kong stock exchangeAlvarez and marsalProperty buyersEvergrande assetsBond orderDebt holderLiquidation scenarioS liquidationInsolvency proceedingsEvergrande liquidation orderOnshore assetsOnshore marketSituation evergrandeEvergrande situation