: Shares of companies run by Asia’s wealthiest billionaire slump after short-seller report

U.S. short seller Hindenburg Research has accused Indian conglomerate Adani Group of “brazen stock manipulation and accounting fraud” in a scathing report that pressured shares of affiliated companies.

Adani Group is chaired by billionaire tycoon Gautam Adani, who fell into fourth place in Bloomberg’s billionaire rankings.

Read: Who is Gautam…