AMC Entertainment Holdings Inc (AMC)

[Beek]

Shall we play a game? I wonder under which shell the bank short collateral is hiding...
"‘EXERCISE CAUTION’: China Evergrande facing 1,931 lawsuits worth $60 billion"
Ref: https://www.asiamarkets.com/exercise-caution-china-evergrande-facing-1931-lawsuits-worth-60-billion/
"Country Garden extends bondholders’ vote in last-ditch effort to avert default"
Ref: https://www.scmp.com/business/china-business/article/3233023/country-garden-extends-bondholders-vote-last-ditched-effort-avert-default
"Country Garden warns of default risks, 'deeply remorseful' for record loss"
Ref: https://www.reuters.com/world/china/country-garden-posts-67-bln-net-loss-h1-2023-08-30/
"China's property crisis deepens with 87% value wipeout in developers' dollar bonds"
Ref: https://markets.businessinsider.com/news/bonds/china-property-crisis-deepens-market-value-wipeout-developers-usd-bonds-2023-8?op=1

Let's find out. Banks are looking at a rough go in the not to distant future... AMC share recalls in the works yet? Hmmmm.
Tick Tock!
$AMC
IMO/NFA