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是龙不是虫
2023-02-05

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Concrete evidence of key allegations in the short-selling report! US media added the "final straw" to India's richest man, forcing the Indian government to intervene.

Adani Power在其最新的季度报告中将毛里求斯公司Opal描述为独立股东，而“巧合”的是，Adani的哥哥Vinod Adani与Opal董事Ricardo Caillou同时被列为另一家公司的

Concrete evidence of key allegations in the short-selling report! US media added the "final straw" to India's richest man, forcing the Indian government to intervene.

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是龙不是虫
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US media added the \"final straw\" to India's richest man, forcing the Indian government to intervene.","url":"https://stock-news.laohu8.com/highlight/detail?id=1146197170","media":"华尔街见闻","summary":"Adani Power在其最新的季度报告中将毛里求斯公司Opal描述为独立股东，而“巧合”的是，Adani的哥哥Vinod Adani与Opal董事Ricardo Caillou同时被列为另一家公司的","content":"<p><html><head></head><body><b>In its latest quarterly report, Adani Power described the Mauritian company Opal as an independent shareholder, and “coincidentally,” Adani’s brother Vinod Adani and Opal director Ricardo Caillou are also listed as board members of another company.</b>Since Hindenburg released his short-selling report on the Adani Group, Indian billionaire Adani's net worth has been halved, and the stock prices of his companies have plummeted. Now, there is evidence that almost confirms the key allegations in the short-selling report!</p><p>On Saturday, a media investigation found that Adani's independent shareholder, Opal, had ties to the Adani family, virtually confirming allegations that Adani had illegally acquired a high level of control through offshore companies.</p><p>The ongoing Adani scandal has not only had a disastrous impact on the Adani Group, but has also exacerbated volatility in the entire Indian stock market, forcing the Indian government to intervene to calm the market.</p><p>The allegations are solid evidence: using offshore companies to illegally hold a high degree of control.</p><p>It is understood that,<b>Opal Investment is one of the major shareholders of Adani poewr, an energy company within Adani's business empire. In its latest quarterly report, Adani Power described Opal as an independent shareholder, meaning it has no connection to the Adani Group other than holding a 4.69% stake in Adani Power.</b></p><p>However, media reviews of company documents revealed that Opal was incorporated in Mauritius by Trustlink International Ltd., a financial services company linked to the Adani family. Louis Ricardo Caillou, one of Trustlink's directors, is not only a member of Opal's board of directors but also another Mauritian company, Krunal Trade & Investment Pvt.Ltd.<b>Coincidentally, Adani's brother Vinod Adani and Subir Mittra, CEO of the Adani family financial office, are also listed as members of the company's board of directors.</b></p><p>According to the rules set by the Securities and Exchange Commission of India, companies with less than 25% of their freely tradable shares are at risk of being delisted. Company filings show that in the third quarter of the fiscal year ending March 31, Adani family members and publicly disclosed companies related to Adani held 74.97% of Adani poewr shares. Opal's stake in Adani Power represents nearly 19% of the independent shareholders' stake in Adani Power.</p><p><b>This discovery almost confirms Hindenburg's key allegations, confirming that Adani illegally acquired a high level of control through offshore companies.</b>On January 24, Hindenburg released a 104-page report last week accusing the Adani Group of widespread fraud, including using shell companies to inflate stock prices and ignoring India's shareholding rules.</p><p>The Adani scandal continues to escalate, prompting the Indian government to step in to appease the market.</p><p>Adani has lost hundreds of billions of dollars due to fraud allegations. According to FactSet data, the market capitalization of the seven publicly traded companies in the Adani Group has decreased by a total of $108 billion since last Tuesday. Most Adani Group bond prices have fallen to junk bond levels.</p><p><b>As the sell-off of Adani assets intensified, exacerbating volatility in the Indian stock market and even negatively impacting the entire country, the Indian government had to step in to reassure investors.</b></p><p>The Securities and Exchange Board of India (SEBI) has noted that conglomerate stocks have experienced abnormal volatility over the past week and has developed a clear and publicly available set of monitoring measures to address excessive volatility in specific stocks.</p><p>The Indian Finance Minister also personally stepped in, issuing a statement on Saturday to reassure the market, saying that regulators would do their due diligence and that the Adani Group's problems would not affect India's macroeconomy. In addition, the opposition has demanded an investigation into the relationship between Adani and Prime Minister Modi.</p><p>The announcement came a day after the National Stock Exchange of India decided to tighten trading controls on Adani Enterprises, Adani Ports, and Ambuja Cements by increasing margin requirements to curb short selling. Analysts said the sell-off by the group's subsidiaries dragged down India's otherwise strong Sensex index.</p><p>However, the crisis may be far from over. The continued sell-off in stocks and bonds, coupled with high bond interest rates and severely deteriorating financing channels, may plunge the Adani Group into a \"death cycle\". Secondly, due to the sheer size of the Adani Group and its complex relationship with Indian politics, the negative impact of the Adani scandal on the entire country will continue to unfold.</p><p></body></html></p>","source":"wallstreetcn_api","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Concrete evidence of key allegations in the short-selling report! US media added the \"final straw\" to India's richest man, forcing the Indian government to intervene.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nConcrete evidence of key allegations in the short-selling report! US media added the \"final straw\" to India's richest man, forcing the Indian government to intervene.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">华尔街见闻</strong><span class=\"h-time small\">2023-02-05 18:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p><html><head></head><body><b>In its latest quarterly report, Adani Power described the Mauritian company Opal as an independent shareholder, and “coincidentally,” Adani’s brother Vinod Adani and Opal director Ricardo Caillou are also listed as board members of another company.</b>Since Hindenburg released his short-selling report on the Adani Group, Indian billionaire Adani's net worth has been halved, and the stock prices of his companies have plummeted. Now, there is evidence that almost confirms the key allegations in the short-selling report!</p><p>On Saturday, a media investigation found that Adani's independent shareholder, Opal, had ties to the Adani family, virtually confirming allegations that Adani had illegally acquired a high level of control through offshore companies.</p><p>The ongoing Adani scandal has not only had a disastrous impact on the Adani Group, but has also exacerbated volatility in the entire Indian stock market, forcing the Indian government to intervene to calm the market.</p><p>The allegations are solid evidence: using offshore companies to illegally hold a high degree of control.</p><p>It is understood that,<b>Opal Investment is one of the major shareholders of Adani poewr, an energy company within Adani's business empire. In its latest quarterly report, Adani Power described Opal as an independent shareholder, meaning it has no connection to the Adani Group other than holding a 4.69% stake in Adani Power.</b></p><p>However, media reviews of company documents revealed that Opal was incorporated in Mauritius by Trustlink International Ltd., a financial services company linked to the Adani family. Louis Ricardo Caillou, one of Trustlink's directors, is not only a member of Opal's board of directors but also another Mauritian company, Krunal Trade & Investment Pvt.Ltd.<b>Coincidentally, Adani's brother Vinod Adani and Subir Mittra, CEO of the Adani family financial office, are also listed as members of the company's board of directors.</b></p><p>According to the rules set by the Securities and Exchange Commission of India, companies with less than 25% of their freely tradable shares are at risk of being delisted. Company filings show that in the third quarter of the fiscal year ending March 31, Adani family members and publicly disclosed companies related to Adani held 74.97% of Adani poewr shares. Opal's stake in Adani Power represents nearly 19% of the independent shareholders' stake in Adani Power.</p><p><b>This discovery almost confirms Hindenburg's key allegations, confirming that Adani illegally acquired a high level of control through offshore companies.</b>On January 24, Hindenburg released a 104-page report last week accusing the Adani Group of widespread fraud, including using shell companies to inflate stock prices and ignoring India's shareholding rules.</p><p>The Adani scandal continues to escalate, prompting the Indian government to step in to appease the market.</p><p>Adani has lost hundreds of billions of dollars due to fraud allegations. According to FactSet data, the market capitalization of the seven publicly traded companies in the Adani Group has decreased by a total of $108 billion since last Tuesday. Most Adani Group bond prices have fallen to junk bond levels.</p><p><b>As the sell-off of Adani assets intensified, exacerbating volatility in the Indian stock market and even negatively impacting the entire country, the Indian government had to step in to reassure investors.</b></p><p>The Securities and Exchange Board of India (SEBI) has noted that conglomerate stocks have experienced abnormal volatility over the past week and has developed a clear and publicly available set of monitoring measures to address excessive volatility in specific stocks.</p><p>The Indian Finance Minister also personally stepped in, issuing a statement on Saturday to reassure the market, saying that regulators would do their due diligence and that the Adani Group's problems would not affect India's macroeconomy. In addition, the opposition has demanded an investigation into the relationship between Adani and Prime Minister Modi.</p><p>The announcement came a day after the National Stock Exchange of India decided to tighten trading controls on Adani Enterprises, Adani Ports, and Ambuja Cements by increasing margin requirements to curb short selling. Analysts said the sell-off by the group's subsidiaries dragged down India's otherwise strong Sensex index.</p><p>However, the crisis may be far from over. The continued sell-off in stocks and bonds, coupled with high bond interest rates and severely deteriorating financing channels, may plunge the Adani Group into a \"death cycle\". Secondly, due to the sheer size of the Adani Group and its complex relationship with Indian politics, the negative impact of the Adani scandal on the entire country will continue to unfold.</p><p></body></html></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://wallstreetcn.com/articles/3681202\">华尔街见闻</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/726be8ee1c947cd00b8202879a078437","relate_stocks":{},"source_url":"https://wallstreetcn.com/articles/3681202","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146197170","content_text":"Adani Power在其最新的季度报告中将毛里求斯公司Opal描述为独立股东，而“巧合”的是，Adani的哥哥Vinod Adani与Opal董事Ricardo Caillou同时被列为另一家公司的董事会成员。自兴登堡发布对Adani集团的做空报告以来，印度亿万富翁Adani身家遭“腰斩”，旗下公司股价暴跌，如今有证据几乎实锤做空报告的关键指控！周六，媒体调查发现，Adani独立股东Opal与Adani家族存在联系，几乎证实了Adani利用离岸公司违规高度控股的指控。Adani丑闻持续发酵不仅给Adani集团带来灾难性的影响，也令整个印度股市波动加剧，印度政府不得不出面安抚市场。指控实锤：利用离岸公司违规高度控股据悉，Opal Investment是Adani商业帝国中的能源公司Adani poewr的大股东之一，Adani Power在其最新的季度报告中将Opal描述为独立股东，即除持有Adani power 4.69%的股份外，与Adani集团没有任何关系。然而，媒体在审查公司文件时发现，Opal是由Trustlink International Ltd.在毛里求斯注册成立的，Trustlink是一家与Adani家族有关联的金融服务公司，Trustlink的董事之一Louis Ricardo Caillou，不仅是Opal的董事会成员，同时还是另一家毛里求斯公司Krunal Trade & Investment Pvt.Ltd.的董事会成员。“巧合”的是，Adani的哥哥Vinod Adani和Adani家族理财办公室首席执行官Subir Mittra也被列为该公司董事会成员。根据印度证券交易委员会制定的规则，少于25%自由流通股份的公司有被退市的风险。公司文件显示，在截至3月31日财政年度的第三季度中，Adani家族成员和公开披露与Adani有关的公司持有74.97%的Adani poewr股份。而Opal在Adani Power的股份占Adani Power中独立股东股份的近19%。这一发现几乎实锤了兴登堡的关键指控，证实了Adani利用离岸公司违规高度控股。1月24日，兴登堡上周发布了一份长达104页的报告，指控阿达尼集团存在范围广泛的欺诈行为，包括利用空壳公司抬高股价以及无视印度的持股规则。Adani丑闻持续发酵 印度政府出面安抚市场由于欺诈指控，Adani公司“失血”上千亿美元，根据FactSet的数据，自上周二以来，Adani集团七家上市公司的市值总共减少了1080亿美元。Adani集团债券价格大多已跌至垃圾债水平。随着Adani资产抛售力度加大，加剧了印度股市的波动，甚至给整个印度带来了负面影响，印度政府不得不出面安抚投资者。印度证券交易委员会（SEBI）指出，过去一周，企业集团股票出现异常波动，已经制定了一套明确的、公开可用的监控措施，解决特定股票的过度波动。印度财长也亲自下场，在周六发布声明安抚市场，称监管机构将尽职尽责，Adani集团的问题不会影响印度的宏观经济。此外，反对党已要求调查Adani和总理莫迪之间的关系。在声明发布前一天，印度国家证券交易所决定加强对Adani Enterprises、Adani Ports和Ambuja Cements的交易控制，提高保证金要求，以遏制卖空行为。分析师表示，该集团旗下公司的抛售拖累了印度原本表现强劲的Sensex指数。然而，危机可能还远未结束。股票债券的持续抛售，叠加高昂的债券利息及严重恶化的融资渠道，或使Adani集团陷入“死亡循环”。其次，由于Adani集团庞大的体量及其与印度政坛错综复杂的关系，Adani丑闻给整个印度带来的负面影响也还将持续发酵。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":6555,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":105728972,"commentId":"105728972","gmtCreate":1675608372921,"gmtModify":1675608376054,"authorId":3582761146933339,"author":{"id":3582761146933339,"idStr":"3582761146933339","authorId":3582761146933339,"name":"是龙不是虫","avatar":"https://community-static.tradeup.com/news/88c6c9008bca5a73fbaab442050a9ab3","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"60.07%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100,"isScarce":0,"effectEnabled":0,"wearingSort":0},"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-1","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}]},"repliedAuthorId":0,"objectId":9955554770,"objectIdStr":"9955554770","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>K</u>","text":"<u>K</u>","html":"<u>K</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}