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BBCNEWS Breakfast July 5, 2024



scotland and northern ireland chilly with sunshine from the word go. all the details later on in the programme. it s tuesday, 30th of january. our main story. the democratic unionist party says it s agreed a deal to restore the devolved government in northern ireland. the dup leader, sir jeffrey donaldson, said the proposals are subject to the westminster government passing laws to address concerns about post brexit trading arrangements. a warning this report from our ireland correspondent chris page includes some flashing images. as the democratic unionist party reached a pivot point, protesters tried to increase the pressure. more hard line unionists have been urging the dup not to agree a new deal to restore the devolved government. 130 party members took part in a meeting, which lasted more than five hours. but, early this morning, the leader, sirjeffrey donaldson, announced he had won support for a plan to bring back power sharing. i believe that with the faithful ....

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BBCNEWS Asia July 5, 2024

you think they will be able to get their money back? i think that for the get their money back? i think that for the maiden get their money back? i think that for the maiden - get their money back? i think. that for the maiden majored that for the maiden majored that for the maiden majored that holder, the bond order should be, to be honest, we expect this bond order can still only recover approximately 2% or 3% of the liquidation scenario and currently the bond issued by grand, by a currently the bond issued by grand, bya grant, trading at2 cents of grand, bya grant, trading at 2 cents of the dollar. at this point we believe the most valuable assets owned by ever grand 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 onshore assets. ~ ., ., recover anything from onshore assets. ~ . ., , assets. what are the broader i ....

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BBCNEWS Asia July 5, 2024



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 k ....

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BBCNEWS The July 5, 2024



in washington last hour, crucial developers in northern ireland tonight. the leader of the dup, jeffrey donaldson, has been meeting with executive members of his party to discuss a possible deal to restore power sharing at stormont next week. the dup collapsed the executive nearly two years ago in protest at the post brexit trading arrangements. the party has been in talks with the uk government this past year seeking changes to the so called windsor framework. and it would seem there has been enough progress to put something to the wider party. there are around 130 members of the executive. the party officers are not present at this meeting tonight, and only they would have the power to sign off on any prospective deal. let s speak to our ireland correspondent, chris page. just talk to me about that bit. this is the wider group of the executive, chris, but i guess if they go in behind jeffrey donaldson, he is in business? , , ., behind jeffrey donaldson, he is in busin ....

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BBCNEWS Asia July 5, 2024

think that for the major back order, the secured lender, the bond order should be the one of the optional creditors but to be honest it s suspected the bond order could only recover 2% to 3% under liquidation scenario and currently the bonds issued by evergrande are also trading at around up to 2 cents to the dollar, we believe that the most viable assets by evergrande are offshore assets which include the shares of the properties of electric vehicles divisions. meanwhile we think that it divisions. meanwhile we think thatitis divisions. meanwhile we think that it is virtually impossible to recover anything on the onshore assets. to recover anything on the onshore assets. what are the broader implications - onshore assets. what are the broader implications for - onshore assets. what are the broader implications for the l broader implications for the industry from liquidation? actually, evergrande is the first one, the first developer, the first large developer that is ordere ....

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