HSBC acquitted in South Korea short-selling case
South Korean Court Clears HSBC of Violating Short-Selling Rules
The Seoul Southern District Court had ruled that there was no evidence that HSBC employees knowingly violated the rules by carrying out short selling, according to Yonhap. Prosecutors had also indicted three traders alongside the Hong Kong unit of HSBC for naked short-selling of stocks, the report said.
South Korea, Hwang
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