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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

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 -

Transcripts For BBCNEWS Breakfast 20240706

the grand slam in dublin against england on st patrick s day weekend. good morning, this weekend is shaping up to be a tale of two halves, today a case of sunny spells and scattered sharp showers but mild for all, tomorrow will be a little bit quieterforjust that for all, tomorrow will be a little bit quieter forjust that little bit cooler, all the details coming up shortly. it s saturday march 18th. our top story president biden has said vladimir putin has clearly committed war crimes after the international criminal court issued an arrest warrant for the russian president. the icc alleges he is responsible for criminal acts, and failing to use his presidential powers to stop children being deported from ukraine to russia. our correspondent helena wilkinson reports. it helena wilkinson reports. is a war that he ordered that it is a war that he ordered, a war that brought death and devastation, a war that sent millions fleeing for their lives. but it s one that has now le

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