Evergrande Fights Scathing Report With Wall Street Titans – Deal Journal – WSJ

Evergrande Fights Scathing Report With Wall Street Titans – Deal Journal – WSJ.

nader nazemi

Evergrande Real Estate Group

Well, they must be doing something wrong. One only has to look at their accounts. Interesting how these eight banks are defending the company. That even makes one suspect more that there is indeed something going on. 

Buyer beware. 
Evergrande Real Estate Group Ltd., the target of a scathing short-seller report last week, is fighting back, thanks to some help from an illustrious group of Wall Street firms, it says. 
In the statement titled “Eight Famous Investment Banks Support Evergrande to Dispel Rumors Spread by A Short Seller,” Evergrande said the efforts by these firms have helped stabilize its stock and restore market confidence. 

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One thought on “Evergrande Fights Scathing Report With Wall Street Titans – Deal Journal – WSJ

  1. Pingback: J.P. Morgan Tops IB Revenue Table In Weak Start to Year – Deal Journal – WSJ | Nader Nazemi

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