NetQin (NASDAQ:NQ) really want to investigate the responsibility of the muddy Water report

"NetQin has sued me in China," Bullock said in an interview with CNBC television's Asia Channel "financial Speaker" (Squawk Box). I think many of us know that it's a joke. If they really want me to be responsible, if they really think anything wrong with our previous report, please come to the United States to sue me. ”

Muddy Waters October 24 reported that the NetQin in its market share, product safety, balance sheet, business acquisition and other aspects of fraud or fabricated behavior. The Network Qin on October 25 called a conference call to counterattack, said muddy water issued by the report seriously untrue, deliberately misleading investors to achieve their capital profit malicious behavior.

October 29, Muddy Waters again released the report, pointed out the muddy water in the October 25 conference call, and the Network Qin CEO Omar Khan (Omar Khan) in the subsequent interview in the comments of the 10 big lies. In the same way, the Net Qin then gave a counterattack.

Since the muddy water issued short report, NetQin's share price has fallen more than 50%. In Thursday, NetQin's share price closed at 10.97 dollars.

Lin Yu, the CEO of NetQin, admitted in an online interview at the end of October that he had filed a lawsuit against Muddy Waters in Beijing. Lin Yu also said the follow-up would consider prosecuting Muddy waters in Hong Kong and the US.

In the interview, Brock also listed the past record of muddy water. He says 4 of the top 5 companies accused of muddy water have retreated. But Taek-geun Kwon, founder of Toro Investment, who holds the 1.5 million-net-Qin stock, said: "It is wrong to look at the recent short reports on Muddy Waters." ”