HK court rejects short seller's appeal bid in China Evergrande case

Hong Kong

HONG KONG'S Court of Appeal on Friday rejected activist short seller Andrew Left's bid to appeal a tribunal ruling that found him culpable of market misconduct over a research report involving China Evergrande Group, his lawyer said.

On Nov 16, Left, founder of US-based short-seller Citron Research, filed an appeal to reverse "findings of law" and a separate application to appeal "findings of fact", both made by Hong Kong's Market Misconduct Tribunal.