Country Garden Delays Voting on at Least Two Yuan Bonds

The transcript discusses the delays in voting for Country Garden's onshore bonds, highlighting the lack of consensus among investors and the regulatory pressure to approve deals to avoid defaults. It also covers the upcoming dollar coupon payment and the associated risks, given Country Garden's liquidity crisis. Additionally, the transcript touches on Sino Ocean Capital's debt issues and clarifies its relationship with Sino Ocean Group.

What is the main reason for the delay in voting on Country Garden's onshore bonds?

• Intervention by regulatory authorities

• Natural disasters affecting the region

• Lack of consensus among investors

• Technical issues with the voting system

What is the amount of the dollar coupon due for Country Garden this weekend?

• $10 million

• $20 million

• $30 million

• $40 million

Why is every deadline considered a risk for Country Garden?

• As a result of technological failures

• Owing to changes in government policies

• Because of the company's liquidity crisis

• Due to frequent natural disasters

What is the relationship between Sino Ocean Capital and Sino Ocean Group?

• Sino Ocean Group fully owns Sino Ocean Capital

• Sino Ocean Capital is a competitor of Sino Ocean Group

• Sino Ocean Group has a minor shareholding in Sino Ocean Capital

• Sino Ocean Capital is a subsidiary of Sino Ocean Group

What has Sino Ocean Capital defaulted on?

• An offshore bond

• A government grant

• A bank loan

• An onshore bond