Article: Soros family office fined for naked short selling

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Soros family office fined for naked short selling

Bloomberg via India Times, 7 December 2018

Hong Kong: Soros Fund Management, the about $25 billion family office of billionaire George Soros, was fined by Hong Kong’s securities regulator for naked short selling. The company’s Hong Kong unit was reprimanded and fined HK$1.5 million ($192,000) for a 2015 trade involving a bonus share issue of Great Wall Motor, the city’s Securities and Futures Commission said in a statementon Thursday.