Re: Chinese micro caps. It is all about your DD. My DD had allowed me staying away from CHCL, CXTI and BBCZ while profiting from legit and decent companies. If you are not sure, just spread your money across a dozen names. Those were a few bad apples out of several hundreds of good Chinese companies listed in US. I will continue investing in US despite of Enron, Worldcom, etc. So do I investing in Chinese micro caps despite CXTI, BBCZ and CHCL. Actually, the quality of Chinese companies coming to US market is getting better.