HSBC, South Korea and District Court
South Korean Court Clears HSBC on Charges of Violating Short-Selling Rules, Yonhap Reports
SEOUL (Reuters) - A South Korean court on Tuesday acquitted HSBC on charges of violating the country's short-selling rules, the Yonhap News Agency reported. 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 report said. ($1 = 1,452.9800 won)
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