“In an unusual departure, a group of internet hackers best known for its online activism has apparently become a short-selling hedge fund similar to Muddy Waters.
Using the name Anonymous Analytics, the group published a 38-page report on Chaoda Modern Agriculture last week that claimed to provide evidence of “one of the Hong Kong exchange’s largest and longest running frauds”.
The report is prefaced with a legalistic disclaimer and, unusually for an activist group, states that it will profit from any collapse in Chaoda’s share price”