{"id":551905,"date":"2023-02-02T09:59:21","date_gmt":"2023-02-02T04:29:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551905"},"modified":"2023-02-02T10:31:23","modified_gmt":"2023-02-02T05:01:23","slug":"how-hindenburg-research-gave-a-masterclass-in-financial-globalisation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/how-hindenburg-research-gave-a-masterclass-in-financial-globalisation\/","title":{"rendered":"How Hindenburg Research gave a masterclass in financial globalisation"},"content":{"rendered":"<p>Without even betting a single dollar in the Indian market, a short seller from New York managed to torpedo the country\u2019s most prestigious share sale, dimming the aura of unassailability around its sponsoring tycoon. That\u2019s the power of borderless money \u2014 it can pull the ladder from under the world\u2019s largest fortunes from 8,000 miles away. In winning the first round of its battle against Gautam Adani, Hindenburg Research has given us a masterclass in financial globalisation.<\/p>\n<p>Late Wednesday night in India, Adani Enterprises Ltd. informed stock exchanges that it had decided not to proceed with the $2.4 billion public offer that had concluded the previous day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Without even betting a single dollar in the Indian market, a short seller from New York managed to torpedo the country\u2019s most prestigious share sale, dimming the aura of unassailability around its sponsoring tycoon. That\u2019s the power of borderless money \u2014 it can pull the ladder from under the world\u2019s largest fortunes from 8,000 miles away. In winning the first round of its battle against Gautam Adani, Hindenburg Research has given us a masterclass in financial globalisation. Late Wednesday night in India, Adani Enterprises Ltd. informed stock exchanges that it had decided not to proceed with the $2.4 billion public [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-551905","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551905"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551905\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}