Fred, All these Chinese r/mergers will become sub-penny unless the Chinese government makes the CEO's accountable for their actions.
Presently their is no punishment for Chinese CEO's fraudulent actions against foreign investors.
If the U.S. refuses to allow "all" Chinese stocks to trade in the U.S. without investors being protected [It is their duty to do so]
This continued rip off of foreign investors with the o.k. of China is not acceptable.imo
Present investor have had fraud commited since the CEO is not doing his duty to investors & new investors should not be allowed to enter this unacceptable merry-go-round.
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