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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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