What does short selling in muddy water mean?

In China, there is an idiom called fish in troubled waters. This idiom means that in muddy water, fish are confused, so they can take the opportunity to catch a handful and get unexpected benefits. In other words, it is a metaphor for taking advantage of chaos to gain illegitimate interests. In foreign countries, a company took this name-muddy water.

Surabaya short selling refers to the short selling report issued by Surabaya Company, which includes many short selling bases such as financial fraud, performance fraud and business exaggeration. MuddyWatersResearch is a research company registered in the United States, which was founded by Carson Brock on July 20 10. Since the establishment of 20 10, more than 16 Chinese stocks have been shorted, including Focus Media, New Oriental, Huishan Dairy, Anta Sports, Chivas Regal's parent company Hua Min Holdings, etc., and 9 of them have been delisted.

Luckin Coffee, which is hot in the news recently, is also the representative work of Muddy Water Company. Although muddy water is not a constant winner, it is definitely a nightmare for China Stock Exchange. Although Muddy Waters actually has only a dozen core employees, when shorting Ruixing, it mobilized 92 full-time employees and 14 18 part-time employees, and recorded a large number of surveillance videos in 22 13 Ruixing coffee shops in 45 cities across the country, with customers 10 19.

At this point, Luckin Coffee plummeted, and Muddy Water Company became famous again. ..