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2012年08月28日 00:26

Citron等中概做空者——打假还是造谣?

Citron等中概做空者——打假还是造谣?

China Short Sellers: Exposing Fraud or Practicing Fraud?
       Kai-Fu Lee

Recently, several "China Short Sellers" have developed a scheme to make themselves rich. First, short a US-listed China stock. Then, write a negative report on that company. After the stock drops, cover the short, and pocket a huge profit. This practice itself is already questionable, but what is despicable is how these short sellers take advantage of the information asymmetry between China and the US, and write reports full of holes and lies, knowing that their A......

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