Chinese Stocks: Caveat Emptor

For more than a decade, the Chinese Communist Party has refused to allow America’s PCAOB to examine audits of Chinese companies whose shares trade in the US. Alibaba illustrates a Chinese scheme that attracts foreign capital.

I went to great length to warn you all of this eventuality:

Chinese Stocks: Caveat Emptor.

For more than a decade, the Chinese Communist Party has refused to allow America’s Public Company Accounting Oversight Board to examine audits of Chinese companies whose shares trade on the NYSE, Nasdaq and other U.S. exchanges. So Chinese companies have avoided oversight while raising billions of dollars in the U.S. Luckbox invited global macro strategist and forensic accountant Emma Muhleman to reveal how China has abused accounting standards and SEC regulations to take unfair advantage of American investors.

Now, the Chinese Communist Party forces you to learn the hard way. Get out. Before they take you all the way to the bank. And I mean it. Read the warning, if you didn't the first time, friends.

Alibaba's Stock Plummets

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