Latest news with #shortselling
Bloomberg
12 hours ago
- Business
- Bloomberg
MSCI Signals South Korea Has More Work to Do to Win an Upgrade
Global index provider MSCI Inc. signaled that South Korea's bid to secure an upgrade to developed-market status continues to face several impediments, even as it lauded efforts by the nation's authorities to improve market access and implement currency reforms. There is need for progress in areas such as ease of capital flows, information flow as well as market structure, according to the New York-based firm's latest annual market accessibility review. It changed South Korea's short-selling rating to a plus from minus after the government ended a controversial ban on the popular trading strategy that was seen hindering market access.
Reuters
16 hours ago
- Business
- Reuters
South Korea's short-selling accessibility has improved, MSCI says
SINGAPORE, June 19 (Reuters) - South Korea's stock market accessibility for short-selling has improved and has no major issues, MSCI said, opens new tab on Friday as investors brace for next week's market classification from the global index provider and hope the country gets an upgrade. The stock market of Asia's fourth-largest economy is currently categorised as an emerging market by MSCI, despite many other metrics indicating its developed-economy status. South Korea has been chasing after developed market status for some years and investors hope next week's classification will include South Korea being added to the watch list for an upgrade. The country in March lifted a full market-wide ban on short selling of stocks for the first time in five years, which had been cited by foreign investors and MSCI as a major factor hindering market access. In its annual market accessibility review, opens new tab released on Friday, MSCI said there has been an improvement in South Korea's short-selling market accessibility, nudging up the rating to "+" or no major issues, improvements possible, from "-" or improvements needed. The benchmark index KOSPI (.KSII), opens new tab has had a stellar year, surging 24%, making it the best performing Asian stock market in 2025 as political clarity and optimism around corporate reforms buoy investor sentiment. An upgrade in the coming years would lead to significant inflows, analysts say.
Bloomberg
4 days ago
- Business
- Bloomberg
South Korea Looks to MSCI Review With Renewed Hopes for Upgrade
South Korea's efforts to improve corporate governance as well as end a controversial short-selling ban have strengthened the nation's bid for an upgrade to developed-market status in MSCI Inc.'s indexes. That's the view from money managers at Invesco Ltd. and London-based M&G Investments, who see a likelihood for the market to be added in MSCI's watch list when the index provider decides on reclassifications later this month. Such an inclusion would pave the way for an upgrade in 2026, which could potentially attract as much as $30 billion in passive inflows, said strategists at Goldman Sachs Group Inc.
Yahoo
7 days ago
- Business
- Yahoo
Why AI Stock AppLovin Slumped Today
A report from a short seller slammed the company. It took AppLovin to task for a series of supposed transgressions, including its ambitions to buy TikTok's onetime China assets. 10 stocks we like better than AppLovin › Very frequently, when a company's stock is targeted by a vociferous short seller, it can take a hit to its share price. That was the dynamic behind AppLovin's (NASDAQ: APP) 0.7% dip on Thursday after a notable "shortie" published a report that was highly critical of the company. That decline was a bit steeper than the 0.4% slide of the S&P 500 index that day. The short seller is a firm called Culper Research, and Thursday morning it laid out in a 30-page document its reasons for shorting AppLovin. These center around AppLovin's stated aim of owning the non-China operations of that country's runaway social media success, TikTok. Culper finds that problematic, not least due to what it considers to be significant investment in AppLovin's equity by a Chinese national, Hao Tang. It also expressed dismay about what it considers to be the company's undisclosed partnerships with two companies in the Asian country. Ultimately, wrote Culper, "AppLovin's covert Chinese ownership and operations raise not only concerns for shareholders but for national security and data security -- the very concerns AppLovin purports to address by acquiring TikTok's ex-China operations." The short seller added that Hao "is a bad actor with extensive direct and indirect ties to Chinese espionage, [Chinese Communist Party] state-sponsored propaganda, human trafficking, and money laundering operations." The mild investor sell-off in the wake of Culper's report indicates that more than a few AppLovin shareholders aren't fully buying the firm's arguments. That said, the short seller does raise what might be valid concerns; AppLovin hasn't yet officially responded to the allegations, and it'll be worth watching to see if and when those apparent China connections come to light. Before you buy stock in AppLovin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AppLovin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,871!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $875,479!* Now, it's worth noting Stock Advisor's total average return is 998% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AppLovin. The Motley Fool has a disclosure policy. Why AI Stock AppLovin Slumped Today was originally published by The Motley Fool Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
13-06-2025
- Business
- Globe and Mail
Why AI Stock AppLovin Slumped Today
Very frequently, when a company's stock is targeted by a vociferous short selle r, it can take a hit to its share price. That was the dynamic behind AppLovin 's (NASDAQ: APP) 0.7% dip on Thursday after a notable "shortie" published a report that was highly critical of the company. That decline was a bit steeper than the 0.4% slide of the S&P 500 index that day. Alleged Chinese connections The short seller is a firm called Culper Research, and Thursday morning it laid out in a 30-page document its reasons for shorting AppLovin. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » These center around AppLovin's stated aim of owning the non-China operations of that country's runaway social media success, TikTok. Culper finds that problematic, not least due to what it considers to be significant investment in AppLovin's equity by a Chinese national, Hao Tang. It also expressed dismay about what it considers to be the company's undisclosed partnerships with two companies in the Asian country. Ultimately, wrote Culper, "AppLovin's covert Chinese ownership and operations raise not only concerns for shareholders but for national security and data security -- the very concerns AppLovin purports to address by acquiring TikTok's ex-China operations." The short seller added that Hao "is a bad actor with extensive direct and indirect ties to Chinese espionage, [Chinese Communist Party] state-sponsored propaganda, human trafficking, and money laundering operations." Muted reaction from the market The mild investor sell-off in the wake of Culper's report indicates that more than a few AppLovin shareholders aren't fully buying the firm's arguments. That said, the short seller does raise what might be valid concerns; AppLovin hasn't yet officially responded to the allegations, and it'll be worth watching to see if and when those apparent China connections come to light. Should you invest $1,000 in AppLovin right now? Before you buy stock in AppLovin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AppLovin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,871!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $875,479!* Now, it's worth noting Stock Advisor 's total average return is998% — a market-crushing outperformance compared to174%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
