Muddy Waters shorted Antler Coffee.
In front of the short-selling giant, this Huaxia enterprise appeared utterly powerless, and its stock price swiftly plummeted.
American media used many expressions to report on this short-selling event.
Countless local retail investors ground their teeth in frustration, once again bloodbathed by Wall Street's short-selling titans.
Retail investors couldn't produce enough asset proof, or find a stock guarantor, making it impossible for them to borrow shares for short selling from investment institutions.
Whenever faced with a short-selling titan, they're also the ones who end up suffering the most substantial actual losses.
Chen Pingsheng named his newly purchased single-story headquarters Tenghui Capital.
Mainly, it was involved in investment and stock trading.
Besides the team he brought with him, he advertised externally and hired some graduates from prestigious schools.
