text = "abcd"
print(text)     # abcd

text = text + "ef"
print(text)     # abcdef

other = text
print(other)     # abcdef
text = "xyz"
print(text)     # xyz
print(other)     # abcdef

When assigning a variable pointing to a string, the new variable is pointing to the same string.. If we then assign some other string to either of the variables, then they will point to two different strings.