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Samson Soturian
FRANCE 24 English
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Evergrande shares plunge as it braces for another debt deadline • FRANCE 24 English" video.
No. They won't. Their total debt is several times the pre-crash value of all their assets. And most of their work has ceased.
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It's like watching a building explode in slo-mo...
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@michaelhammond4150 Dude, bankruptcy courts can and will delete shares. Investors take nothing while creditors liquidate the business.
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There are few companies in China that don't. Then again most Chinese work in Ma and Pa ventures that rip off their customers rather than the employees.
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