Evergrande’s Strategy to Hurt Short Sellers Hits a Wall

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  • Bloomberg Markets and Finance published this video item, entitled “Evergrande’s Strategy to Hurt Short Sellers Hits a Wall” – below is their description.

    Jun.15 — China Evergrande’s favorite tactic to squeeze bearish speculators is to repurchase shares, mopping up liquidity in the stock and driving up its price. Unfortunately, for the company and its billionaire founder, that strategy is about to hit a wall. Bloomberg’s Lulu Chen reports on “Bloomberg Daybreak: Asia.”

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