Evergrande EV Unit Ends Proposed Shanghai Star Board Listing

The video discusses the financial challenges faced by a business, including a significant drop in market valuation and missed coupon payments. The company is experiencing a liquidity crunch, affecting its ability to meet financial obligations. The New Energy Vehicle division, once valued higher than major automakers, is now struggling. The company has suspended some operating expenses, and suppliers have halted supplies due to financial strain. Another bond payment is due soon, adding to the financial pressure.

What was the percentage drop in the Hong Kong listing mentioned in the first section?

• 100%

• 93%

• 75%

• 50%

What is the grace period before the missed payment is considered a default?

• 15 days

• 60 days

• 30 days

• 45 days

What was the valuation comparison of the new Energy Vehicle division at its peak?

• Higher than Toyota

• Higher than Ford and General Motors

• Higher than BMW

• Higher than Tesla

What action did the company take due to liquidity pressure?

• Launched a new product

• Hired more employees

• Increased production

• Suspended paying some operating expenses

What is the amount of the upcoming bond coupon payment mentioned in the final section?

• 83 million USD

• 45 million USD

• 100 million USD

• 60 million USD