Link: https://www.zerohedge.com/markets/meanwhile-china-bankrupt-solar-firm-just-sold-117-million-shares
Bloomberg reports that a Chinese solar power plant firm raised $117.4 million overnight selling 2 billion new shares in Hong Kong -- an unremarkable placement at first sight... except that GCL New Energy Holdings is technically bankrupt, having defaulted on a $500 million bond just last week.