Big news from South Korea! A court decided that HSBC, a big bank, didn't break any rules about short-selling stocks. Short-selling is when you sell something you don't own, hoping the price goes down so you can buy it back cheaper. It's a bit complicated, but it can be risky.
- HSBC was accused of illegal short-selling.
- The court said there wasn't enough proof HSBC did anything wrong.
- South Korea banned short-selling to protect investors, but plans to allow it again soon.
| Fact | Details |
|---|---|
| Amount Accused | $11.01 million |
| Ban Lifted | March 2024 (expected) |
