Phoenixism
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Recurrent theme in pro-democracy protests in Hong Kong; to devour itself [in flames] and [arise] again from its own ash, like the legendary creature.
[CCP], if we burn, you burn with us.
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The process or practice, widely regarded as unethical, whereby an insolvent company is placed by its directors into voluntary liquidation (thereby avoiding liabilities to creditors), and resumes trading soon afterwards under a different company name, frequently on the same premises and with the same workforce.
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