China Evergrande Shares Tank After Project Sales Halt by Chinese City

The transcript discusses Evergrande's deteriorating liquidity and debt situation, highlighting the increased scrutiny from investors. It explores the potential role of the government in addressing the crisis and the impact of a meeting between government officials and Evergrande on bond markets. The discussion also covers the pressure on Evergrande, the unique nature of the current crisis, and speculation about a special dividend, which could influence the company's fortunes.

In what ways is the current crisis facing Evergrande different from past crises?

What are the potential outcomes if the special dividend is issued in cash versus shares?