South Korean court clears HSBC of violating short-selling rules


SEOUL: A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, a court official said.

The Hong Kong unit of the bank was charged with illegal short-selling worth nearly 16 billion won ($11.01 million) by the prosecution, the Yonhap news agency reported.

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South Korea , HSBC , short-selling , stocks

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