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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: hui zhou who wrote (9165)11/4/2010 9:55:31 AM
From: RealMuLan  Read Replies (1) of 12464
 
Yep, shorting on HangSeng really got squeezed, but same thing on the U.S. market. I have no idea that short interest is so high for BYD--"BYD Co. declined 24 percent last month as short sales dropped to 65 percent of lendable shares from 79 percent. The Shenzhen-based carmaker part-owned by billionaire Warren Buffett’s Berkshire Hathaway Inc. posted a 99 percent decline in third-quarter profit on Oct. 26 and has delayed plans to export electric vehicles to the U.S. "
bloomberg.com
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