Hip Hip Hooray for shorting

Apr 19, 2009

Hong KongÆs SFC has done its homework and gives shorts a thumbs-up.

As markets were assailed by Lehman Factor contagion last autumn, a number of the world's most sophisticated stock exchanges got queasy and temporarily banned shorting, figuring that while it was okay to speculate that a stock would go up in price, taking the opposite view was heresy and unsporting.

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