Chinese amusement park operator, Golden Heaven Group, listed on the NASDAQ in April 2023 with its share price rising more than 5x over the next seven months. In November 2023, short-seller Hindenburg Research published a series of tweets in which it expressed concerns over the company's financials, auditors, management and advisors. The company denied the allegations but the following month its share price plummeted 90%, and at time of writing was down 99% since its peak.

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