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By Jennifer Ablan NEW YORK (Reuters) - Alibaba Group Holding Ltd , which disclosed it is under investigation for its accounting practices, has emerged as one of the short-selling community's favorite targets in the relatively short time it has been in the public market. Noted short-sellers Jim Chanos of Kynikos Associates and John Hempton of Bronte Capital have been raising red flags since last year about the Chinese e-commerce giant's accounting practices. Hempton told Reuters in an email on Thursday that Alibaba, which went public in September 2014, is "a real company" but "with questionable accounts." He added: "The ability to value it from the accounts is, thus, tricky." Hempton said he believes shares will eventually "go down a lot - and get a takeover bid".
LACONIA, N.H. (AP) — A man who kidnapped a 14-year-old girl when she accepted his offer of a ride home from school because her feet were sore, held her captive for nine months and raped her repeatedly at his trailer acknowledged his crimes on Thursday and apologized. The girl, who was in court to hear his admission, thanked him for eventually letting her go.