Citron Research founder's sentencing hearing will be held on August 31, with a maximum sentence of 265 years

Comparative news, according to Caixin reports, the sentencing hearing for Andrew Left (Andrew Left), the founder of Citron Research (Citron Research), a shorting agency famous for its shares in the air, has been scheduled to be held on August 31, 2026. The maximum theoretical sentence can reach 265 years, and the final sentence will still be decided by the court based on specific circumstances.

Left has sniped more than 20 Chinese securities companies, including New Oriental, Qihoo 360, Evergrande Real Estate, Southeast Rongtong, and China High Speed Media, and almost never failed in its shorting reports in the early years, but since then, compared to peers such as Mudwater Company, Citron's reports have often been accused of being flawed, and has been banned from the Hong Kong market for five years by the Hong Kong Securities Regulatory Commission.

The prosecution alleges that Lift often uses short-term options that expire within 0 to 5 trading days to bet that the stock price fluctuates within a very short period of time after the report or tweet is posted, and that the exit price is often far from Citron's stated target price. The stocks involved include Nvidia, Tesla, Facebook, General Electric, Lucky Coffee, etc.