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MMT dismisses application by Andrew Left of Citron Research
SFC, 2-Nov-2015
This battle will be fought on the public information of Evergrande, and whether no reasonable analyst could reach the opinion that Evergrande was insolvent as Mr Left did, the publication of which the SFC alleges was false and misleading information. The question is, if his opinions were so inconsistent with the facts, then why would anyone take them seriously? Analysts are allowed to be wrong. The fact that their opinions move prices does not mean the opinion is always right.
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