HSBC Averts Korean Short-Selling Charges
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illegal naked short sellingReuters
•World
World
South Korean court clears HSBC of violating short-selling rules

80% Informative
The Hong Kong unit of the bank was charged with illegal short-selling worth $11.01 million .
Short-selling had been criticised by South Korean retail investors for sparking price falls.
A ban has been imposed since November 2023 after authorities found illegal naked short selling by foreign investment banks.
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