Citron’s Left Makes U-turn and Now Sees Value in China

(Reuters) Andrew Left, whose Citron Research has published critical reports on Chinese companies and profited when their shares dropped, is now making a contrarian call by going long on some.“There is value in China,” Left told the Reuters Global Investment 2019 Outlook Summit in New York on Monday. “I would take Alibaba all day long over Amazon.” Wall Street has more muted views on China, as investors worry about the fallout of trade disputes between the United States and China and are concerned about falling stock prices at companies including e-commerce firms Alibaba and JD.com.

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