I never thought of BNSO as a 'scam Chinese stock', its been listed on Nasdaq for over 25 years, and was based (I think still is) in Hong Kong for most of them. They made contract scales and watches for the vast majority of those years, until recently, when it stopped that production due to rising costs.
Now, it has new initiatives, and perhaps it has turned scammy....I dunno. But having followed BNSO for over ten years, I was very comfortable buying at the open yesterday, for a trade, near muli year lows, after its earnings announcement.
Similarly, I know TIK for the past ten plus years. Although I havent owned any in a long time.
One benefit of playing crappy dinky cap companies like TIK and BNSO for many years, is you know them well enuf...what they do, their seasonality, etc. I would never have bought BNSO if I thought it was a scam stock...and it was on my watch list for earnings.
I think the only China stocks I regularly follow are BNSO, HIHO, and GAI.....always a chance for a scam, but they've all been listed for a long long time.
best
