Rio Tinto went bankrupt. Why are they still selling?

Not closed down. Rio Tinto is a subsidiary of Shanghai Bairun Investment Holding Group Co., Ltd. According to relevant information, it did not declare bankruptcy on September 3, 2022, but implemented a repurchase plan. Due to the sharp decline in revenue, Bairun intends to continue to implement the repurchase program and extend the implementation period of share repurchase by six months, that is, the implementation period of this share repurchase is from March 22, 2022 to March 2, 20231.