This is what shorting is, and this is what Citron do. Their Sohu report highlighted in the FT report was really bad, and Li Kaifu took it apart in detail. Citro

This is what shorting is, and this is what Citron do. Their Sohu report highlighted in the FT report was really bad, and Li Kaifu took it apart in detail. Citron are not particularly constructive in their criticism, and the Sohu report really was weak to someone with a basic understanding of the China software / internet market, so there was an understandable backlash from Chinese internet companies who want to protect the reputation of their market given that many of them list ADRs on Nasdaq. That said they started out a few years ago with some successful short calls, just recently the opportunities seem to be somewhat less as many of these companies have solid revenues despite the lack of transparency.