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Re: cliffvb post# 77392

Saturday, 04/02/2011 12:36:24 PM

Saturday, April 02, 2011 12:36:24 PM

Post# of 94785
My gut tells me that US-listed China microcaps are a symptom of larger problems in China. The same large audit firms that failed to find problems in US-listed China microcaps also audit China large caps and Hong Kong exchange listings. So my guess is that a sizable portion of Hong Kong exchange listings include stocks with financial shenanigans.
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