Thursday, November 29, 2012

Short-selling eases as Block loses interest





Carson Block says it's become too difficult to short Chinese equities in the US as bets on stock declines drop by 50 per cent from a year ago.


Block, known for his allegations that Chinese companies traded in North America engaged in accounting fraud, said in an interview on Tuesday that he's lost interest in betting against the stocks because the government helps protect them.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1093413/short-selling-eases-block-loses-interest

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