No idea, I stopped following this one and most others in the China sector. I am still in a few waiting for something good to happen, but it may never happen or may be a long wait. Interesting that Alibaba has the same flaws as these did though, variable interest entity in the Cayman islands with US stock holders having no real ownership of China assets.... thus another Trust me China stock?
I don't think Wallstreet wants them to survive with paying the piper in WS. International Extortion at its finest to cheat retail sheep out of money, engineered by Wallstreet banksteers and ambulance chasers....