{"id":552369,"date":"2023-02-03T10:34:02","date_gmt":"2023-02-03T05:04:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=552369"},"modified":"2023-02-03T11:50:39","modified_gmt":"2023-02-03T06:20:39","slug":"hindenburg-bet-against-indias-adani-puzzles-rival-u-s-short-sellers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hindenburg-bet-against-indias-adani-puzzles-rival-u-s-short-sellers\/","title":{"rendered":"Hindenburg bet against India\u2019s Adani puzzles rival U.S. short sellers"},"content":{"rendered":"<p>When Hindenburg Research revealed a short position in Adani Group last week, some U.S. investors said they were intrigued about the actual mechanics of its trade, because Indian securities rules make it hard for foreigners to bet against companies there. <\/p>\n<p>Hindenburg\u2019s bet has been lucrative so far. Its allegations, which the Indian conglomerate has denied, have wiped out more than $80 billion of market value from its seven listed companies and knocked billionaire Gautam Adani from his perch as the world\u2019s third-richest man. On Wednesday, a $2.5 billion sale of shares by one of its companies Adani Enterprises was called off.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When Hindenburg Research revealed a short position in Adani Group last week, some U.S. investors said they were intrigued about the actual mechanics of its trade, because Indian securities rules make it hard for foreigners to bet against companies there. Hindenburg\u2019s bet has been lucrative so far. Its allegations, which the Indian conglomerate has denied, have wiped out more than $80 billion of market value from its seven listed companies and knocked billionaire Gautam Adani from his perch as the world\u2019s third-richest man. On Wednesday, a $2.5 billion sale of shares by one of its companies Adani Enterprises was called [&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":[130],"tags":[],"class_list":["post-552369","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552369","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=552369"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/552369\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=552369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=552369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=552369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}