Topic
TOPIC
Chinese nickel giant Tsingshan said to have sufficient inventory for delivery
- The company has swapped its nickel matte for domestic nickel plate, says state media Securities Daily
- Tsingshan’s short on the LME is said to be 100,000 tonnes, but could be larger when taking into account other amounts through agencies, according to Bloomberg report
Chinese tycoon behind big nickel short facing losses worth billions of dollars
Xiang Guangda, who controls the world’s largest nickel producer, Tsingshan Holding Group, and is known as “Big Shot” in Chinese commodity circles, has closed out part of his company’s short position and is considering whether to exit the wager altogether, sources said.
Xiang Guangda, who controls the world’s largest nickel producer, Tsingshan Holding Group, and is known as “Big Shot” in Chinese commodity circles, has closed out part of his company’s short position and is considering whether to exit the wager altogether, sources said.
Bearish bets on Chinese stocks surge amid antitrust, Huarong, CICC signals
The combined value of short bets on the Shanghai and Shenzhen exchanges rose to the highest level since local brokerages were allowed to officially start securities lending and borrowing in 2010.
The combined value of short bets on the Shanghai and Shenzhen exchanges rose to the highest level since local brokerages were allowed to officially start securities lending and borrowing in 2010.
Drone maker EHang dismisses short-seller’s ‘deceptive’ fraud claims
EHang denies short seller Wolfpack’s fraud allegations amid efforts to start its commercial flying taxi operations.
EHang denies short seller Wolfpack’s fraud allegations amid efforts to start its commercial flying taxi operations.
GameStop stock mass buying could never happen in China. Here’s why
GameStop’s rally grabbed world market headlines for the manner in which swarms of Reddit users took on big short-sellers and hedge funds. Efforts to emulate that sort of drama in Asia have been isolated so far.
GameStop’s rally grabbed world market headlines for the manner in which swarms of Reddit users took on big short-sellers and hedge funds. Efforts to emulate that sort of drama in Asia have been isolated so far.
Is there a GameStop hiding somewhere among Asia’s stock markets?
The equity trading revolution playing out in the US is unlikely to be matched any time soon in Asia and Europe because tighter restrictions on short selling, limited options trading and higher taxes and fees will keep it a US game for now.
The equity trading revolution playing out in the US is unlikely to be matched any time soon in Asia and Europe because tighter restrictions on short selling, limited options trading and higher taxes and fees will keep it a US game for now.
Carson Block’s ‘Insane Alpha’ fades in a bad year for short bets
Block, founder of Muddy Waters Research, isn’t questioning his methods. He blames options traders, small floats and investors taking advantage of low volumes to push the Chinese stocks back up after his calls.
Block, founder of Muddy Waters Research, isn’t questioning his methods. He blames options traders, small floats and investors taking advantage of low volumes to push the Chinese stocks back up after his calls.
US$14 billion of capital inflows defy fear of Hong Kong’s security law
The monetary authority seeks to reassure bankers about the national security law, saying it is business as usual. Banks’ ability to conduct research, publish pessimistic views and make short-selling trades, among others, will not be affected, it says.
The monetary authority seeks to reassure bankers about the national security law, saying it is business as usual. Banks’ ability to conduct research, publish pessimistic views and make short-selling trades, among others, will not be affected, it says.
Feihe shares jump in Hong Kong as milk producer rejects activist’s attack
This is not Feihe’s first brush with controversy since its HK$6.7 billion (US$864 million) initial public offering in November. It has continued to bat away accusations about its accounting.
This is not Feihe’s first brush with controversy since its HK$6.7 billion (US$864 million) initial public offering in November. It has continued to bat away accusations about its accounting.
GSX denies Muddy Waters allegations its online students are internet robots
GSX Techedu, one of China’s largest online tutoring providers, has denied allegations by short seller Muddy Waters that most its students are internet robots.
GSX Techedu, one of China’s largest online tutoring providers, has denied allegations by short seller Muddy Waters that most its students are internet robots.
Chinese investors’ appetite for mutual funds rises most in seven years
Buying of equity-focused mutual funds rose 9.8 per cent month on month in March, the fastest pace since 2013, according to an industry association.
Buying of equity-focused mutual funds rose 9.8 per cent month on month in March, the fastest pace since 2013, according to an industry association.
Coronavirus: Hedge funds post wildly different results amid market swings
Managers face a triple whammy of yo-yoing markets, redemptions by investors and margin calls from brokers.
Managers face a triple whammy of yo-yoing markets, redemptions by investors and margin calls from brokers.
Letters | Why ban on short selling won’t cure coronavirus-led volatility
Hedge funds, a small part of the investment funds industry, should not be held responsible for market declines at a time when much larger traditional funds have been heavily selling stocks.
Hedge funds, a small part of the investment funds industry, should not be held responsible for market declines at a time when much larger traditional funds have been heavily selling stocks.
China to limit short selling as virus looms over market reopening
China move to limit financial market volatility resulting from coronavirus outbreak on first day of trading after extended Lunar New Year holiday.
China move to limit financial market volatility resulting from coronavirus outbreak on first day of trading after extended Lunar New Year holiday.
Baby milk maker endorsed by film star Zhang Ziyi suspends shares
A report by GMT Research advised investors to avoid the stock because the company hadn’t paid a dividend in the five years before IPO.
A report by GMT Research advised investors to avoid the stock because the company hadn’t paid a dividend in the five years before IPO.
Kasen recovers from sell-off after denying short seller’s allegations
Kasen International rebounded as much as 600 per cent in Hong Kong after the Chinese furniture maker and developer refuted the allegations in a critical report issued by a US short seller.
Kasen International rebounded as much as 600 per cent in Hong Kong after the Chinese furniture maker and developer refuted the allegations in a critical report issued by a US short seller.
Still ‘boring’ after 36 years: Hong Kong dollar marks peg anniversary
Analysts and businessmen have credited the peg, which was introduced on October 17, 1983, as one of the main reasons for Hong Kong becoming a major international financial centre.
Analysts and businessmen have credited the peg, which was introduced on October 17, 1983, as one of the main reasons for Hong Kong becoming a major international financial centre.
Short sellers believe currency peg will go as economy weakens
Currency bears say that the government may eventually consider removing the peg or at least make some change to the system, but supporters say there’s no chance and the government will vigorously defend the peg.
Currency bears say that the government may eventually consider removing the peg or at least make some change to the system, but supporters say there’s no chance and the government will vigorously defend the peg.
September’s market bounce may have cost Hong Kong bears HK$12.4 billion
Investors short selling Hang Seng Index futures contracts might have lost big this month. Multibillion-dollar big. Hong Kong has been mired in its worst political crisis in decades, but its benchmark bounced back in September, while the Hong Kong dollar stayed within its trading band against the US dollar.
Investors short selling Hang Seng Index futures contracts might have lost big this month. Multibillion-dollar big. Hong Kong has been mired in its worst political crisis in decades, but its benchmark bounced back in September, while the Hong Kong dollar stayed within its trading band against the US dollar.
Bosideng shares plunge as short seller questions profit reports
Bosideng said in a statement that the short seller’s report contains “untrue and misleading information” as shares fell 25 per cent
Bosideng said in a statement that the short seller’s report contains “untrue and misleading information” as shares fell 25 per cent
Singapore’s Best World faces the worst of times from short-sellers
Best World has refuted claims of unlicensed direct selling in China, and that it overstated earnings from its operations in the country – but losing more than US$734 million from its market value is just the start of its worries.
Best World has refuted claims of unlicensed direct selling in China, and that it overstated earnings from its operations in the country – but losing more than US$734 million from its market value is just the start of its worries.