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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 NotYourLawyer on Monday August 28, 2023 @08:06AM (#37292797)
Restructuring doesn’t create money out of thin air. If the bondholders aren’t paid off in full, there’s nothing left for equity.
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