JB and ZJMY Holding Co (JBZY)

[SniperStocks]

Now up that regulation by 100x when you enter China. Listing on a stock exchange must be approved by the central government, and regulators have been aggressive in blocking listings over the past few years. Due to robust capital controls, Chinese citizens may only buy local securities, and can’t invest in companies outside of China through foreign stock exchanges. Likewise, foreign investors face daunting challenges in investing in local companies, even with liberalization programs over the last two decades. The government regularly intervenes in the operation of the Shanghai and Shenzhen stock exchanges through trade freezes and other machinations. Local securities regulations can be highly burdensome, and force companies to engage in “party building” activities.