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A comment on Evergrande shares plunge as much as 87% as trading resumes after 17 months. Parent comment

Re:Evergrande shares plunge as much as 87% as trading resume... by rightbyte on Monday August 28, 2023 @06:09AM (#37291915)
I guess you could forgive the loans people took for houses that were not built and let the bond holders share the hit.
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Re:Evergrande shares plunge as much as 87% as trading resume... by IG_Semmelweiss on Monday August 28, 2023 @06:48AM (#37292179)
I think some of the bondholders are banks. The others are ccp cadre.

That will trigger a run.

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