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Re: A_Trader post# 7539

Friday, 05/05/2017 10:41:09 PM

Friday, May 05, 2017 10:41:09 PM

Post# of 11063
Dig a little deeper... Why do you think nothing has been filed here in years?

After China fraud boom, Nasdaq steps up scrutiny of shady listings



http://www.marketwatch.com/story/after-china-fraud-boom-nasdaq-steps-up-scrutiny-of-shady-listings-2016-06-20

5 Warning Signs That A Chinese Stock May Be A Fraud



2. Companies whose names start with “China”

Oftentimes a company that has a provincial or regional name in China, will go for a “national” name that starts with “China…” when it lists abroad. In China itself, the use of “China” in a company name requires official state approval and is not granted to just any enterprise.

Most US-listed companies whose names start with “China” are not state-owned companies like China Unicom and China Mobile, but small companies with grand-sounding names (because the United States, Cayman Islands and Virgin Islands do not have restriction on company names).

One should pay close attention to this.



Xinhua China Ltd. LMAO, Could it get any clearer?

http://www.businessinsider.com/5-warning-signs-that-a-chinese-stock-may-be-a-fraud-2011-6

Anything that I post is just my opinion and should NOT be construed as any form of investment advice, Trade at your own risk.