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Carson Block Triggers A Small Panic In Hong Kong After Teasing His Latest Short

Tuesday, June 6, 2017 21:33

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zerohedge.com / by Tyler Durden / Jun 6, 2017 6:05 PM

Short-seller Carson Block triggered a small panic in Hong Kong on Tuesday after he told Bloomberg that he had identified a new short play listed in the former British colony.

His comments triggered a flurry of speculation in the city’s $4.6 trillion equity market, Bloomberg reported. The Hang Seng Composite Index dipped shortly after Block appeared on Bloomberg. Shares of Tongda Group Holdings Ltd., Man Wah Holdings Ltd. and Sunny Optical Technology Group Co. tumbled on concerns that they could be in Block’s crosshairs. For his part, Block said he will reveal his latest short at the Sohn Hong Kong conference on Wednesday.

Source: http://silveristhenew.com/2017/06/06/carson-block-triggers-a-small-panic-in-hong-kong-after-teasing-his-latest-short/

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