WSJ Report on Citron: Chinese Backlash Hits Short Seller

Posted by The Citron Fraud Examiners on September 3, 2012 under The Truth | 1,511 Comments to Read

Chinese Backlash Hits Short Seller

BY LORETTA CHAO

BEIJING—A number of prominent technology leaders in China, including current and former executives from Google Inc. and Microsoft Corp., are mounting an offensive against short seller Citron Research as they protest a spate of what they call unfair and inaccurate attacks on U.S.-listed Chinese companies.

Led by Kai-Fu Lee, former head of Google’s operations in the country, a group of more than 60 executives, investors and entrepreneurs signed a letter accusing China-focused short sellers—particularly Citron—of “targeting legitimate companies with either no problems or minimal problems,” manipulating information to write reports that “boldly tell lies, knowing that their American readers have … [Link to the full story]