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Inside the Market

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Perfume maker comes up short Add to ...

If you want to know where short-sellers get their ideas, check out the latest blog post by John Hempton at Bronte Capital. It's a truly riveting account of how a high-end perfume purchase put him on the trail to Huabao, a Hong Kong listed flavours-and-fragrances company, whose profit margins and R&D expenses raised some eyebrows.

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