New revelations into hedge fund’s secret Adani short-selling attack disclosed
- Bhuma ShrivastavaBei Hu
- Bloomberg Jul 3, 2024, 13:18 IST IST
An activist short seller, a New York hedge fund and a broker tied to a big Indian bank: All played a role in one of the most-damaging short-seller attacks anywhere in the world. Here's a blow-by-blow account
A fresh war of words between the short seller — Hindenburg Research — and India’s markets regulator has thrown up an intriguing cast of characters behind the scathing report and related bets against the Adani Group that wiped out as much as $153 billion in market value last year.
The Hindenburg missive sent the Securities and Exchange Board of India, or Sebi, knocking on the door of the US research firm, seeking answers about its “misleading” report.
The Hindenburg missive sent the Securities and Exchange Board of India, or Sebi, knocking on the door of the US research firm, seeking answers about its “misleading” report.
