Funds Sell Hsbc Short

Daily MailMarch 26, 2009

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Summary


TWO hedge funds have been revealed as having a Pounds 360m short position in Europe's biggest bank, HSBC.

Jersey-based fund Bennelong Asset Management and US rival Eton Park have placed the large bet on HSBC's shares falling, according to disclosures made under rules requiring investors to show significant short positions during a rights issue.

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Funds Sell Hsbc Short

HSBC's sha...

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