Zoomlion Biggest Short on Bets China Building Binge to Slow

Short sellers have never been so sure that Zoomlion Heavy Industry Science & Technology Co., China’s second-biggest maker of construction equipment, will drop as building slows and customers fall behind on payments.

Speculators lifted bets against Zoomlion to 22 percent of shares outstanding last month, the highest proportion on record and the most among Hong Kong-traded stocks tracked by Data Explorers. Bearish wagers increased even after the stock tumbled as much as 47 percent this year to an all-time low on Sept. 26.