Is there a China connection over an Israeli port?
Op IndiaIn a recent twist of events, the Securities and Exchange Board of India’s notice to Hindenburg Research revealed significant details about how the Adani Group was targeted. Hindenburg’s response to SEBI has disclosed that Hindenburg and Kingdon Capital partnered to orchestrate a strategic move against Adani Group and benefitted from short-selling Adani stocks. Offshore fund and investment manoeuvres The focal point of the scrutiny is that on Kingdon Capital’s recommendation, Kotal Mahindra Bank created an offshore fund named the Kingdon India Opportunity Fund. The possibility of China using its position in the financial markets and partnerships with entities like Kingdon Capital to retaliate against Adani highlights the interconnectedness of global business, finance, and geopolitics. The revelations about Kingdon Capital’s involvement in short-selling Adani Group shares using offshore funds by Kotak Mahindra Bank and the ongoing investigations into Anla Cheng’s activities dive into a complex and multifaceted story.
Discover Related
)
)
)
)