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US short seller fights Hong Kong regulator over free speech

Activist trader accused of profiting after allegedly publishing false information

Andrew Left, seen here in November 2018, remains locked in a battle with Hong Kong's Securities and Futures Commission.   © Reuters

HONG KONG -- A legal battle in Hong Kong between a U.S. short seller and the local securities regulator is shaping up to be a fight over freedom of expression in financial reporting.

The lines were drawn in 2012 when the online investment newsletter Citron Research stated in a report that China Evergrande Group, a major Chinese property company, was near collapse and suspected of accounting fraud.

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