Short sellers have repeatedly targeted GSX Techedu since its listing on the New York Stock Exchange in June 2019. Photo: AP Short sellers have repeatedly targeted GSX Techedu since its listing on the New York Stock Exchange in June 2019. Photo: AP
Short sellers have repeatedly targeted GSX Techedu since its listing on the New York Stock Exchange in June 2019. Photo: AP

Chinese tutoring provider GSX denies claims its online students are bots as Muddy Waters joins stock attack

  • Muddy Waters alleges 80 per cent of GSX users are bots, company ‘a massive loss-making business’
  • Allegations show lack of understanding on its business, CEO Chen says in statement on his Weibo account

Topic |   Short selling
Short sellers have repeatedly targeted GSX Techedu since its listing on the New York Stock Exchange in June 2019. Photo: AP Short sellers have repeatedly targeted GSX Techedu since its listing on the New York Stock Exchange in June 2019. Photo: AP
Short sellers have repeatedly targeted GSX Techedu since its listing on the New York Stock Exchange in June 2019. Photo: AP
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