News Formal

Major investment in Adani Group fails to stop US$70bn slide in value following fraud allegations

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 98%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Abu Dhabi’s International Holding Company to invest US$400m in Indian conglomerate as it tries to complete share sale

Shares in Adani Enterprises traded higher on Tuesday but losses across the Indian group continued to grow in the wake of the Hindenburg report.Shares in Adani Enterprises traded higher on Tuesday but losses across the Indian group continued to grow in the wake of the Hindenburg report.

Shares in Adani Total Gas were down 10% on Tuesday, hitting a daily limit imposed by the Indian exchange designed to prevent rapid share price movements. Other related entities, like Adani Green Energy, were also down in early trading in Mumbai. IHC is the dominant company on Abu Dhabi’s stock market, and it has said it wants to boost global acquisitions, with a focus on food and clean energy.

Hindenburg disclosed that it took a short position in Adani companies before it published its report. It is using financial instruments to profit from its falling share prices.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 1. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Adani claims US investment firm’s fraud allegations are an ‘attack on India’Conglomerate responds to Hindenburg Research report that claimed it was the ‘biggest con in corporate history’
ソース: GuardianAus - 🏆 1. / 98 続きを読む »