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Transcripts For BBCNEWS The 20240704

Lewis hamilton led a mercedes one two in second practice in bahrain. Team mate George Russell was second with Aston Martins Fernando Alonso third. Max verstappen whos aiming to win his fourth consecutive title was down in sixth, nearly half a second off the pace. Paul pogba says hes sad and shocked after being banned from football for 4 years for a doping offence. The juventus midfielder and world cup winner was provisionally suspended in september after elevated Testosterone Levels were found in his system. He says hell appeal the ban as Michael Redford reports absolute best is driving Manchester United from a career that always promise so much for that once the worlds most expensive footballer could now be over after his give given a 48 bed for doping. In a statement he said. The band was given after the midfielder tested positive for elevated levels of test or burn in a system back in august. The second positive sample released in october confirmed the doping violation. Less than tw

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Transcripts For BBCNEWS Asia 20240705

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

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Transcripts For BBCNEWS Asia 20240705

you think they will be able to get their money back? i think that apart get their money back? i think that apart from get their money back? i think that apart from the get their money back? i think that apart from the secure i that apart from the secure lender, this should be the one offshore creditors, but to be honest, we expect these bondholders can still on the recover approximately 2% to 3% in a liquidation scenario. currently, by also trading around one to 2 cents on the dollar. so at this point, we believe that the most valuable assets owned by ever grand are still the offshore ones, including the share of the publicly serviced division. so meanwhile, we think that it is virtually impossible to recover anything from its onshore assets. ~ ., anything from its onshore assets. ., ., anything from its onshore assets. ~ . ., , assets. what are the broader implications assets. what are the broader implications for assets. what are the broader implications for the -

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