Chinese social media firm JOYY calls Muddy Waters’ report erroneous

REUTERS: Chinese social networking platform JOYY Inc said on Thursday that a report by short seller Muddy Waters contained numerous errors and that it was open to cash verification conducted by competent third-party advisers.

JOYY also said it will continue with its US$300 million share repurchase program to demonstrate confidence in its long-term prospects.…

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