Penny, so there's not one Chinese company you're "comfortable with"? You think that even these larger, longer established, and listed Chinese companies like AOB are scams?
Wow, I thought I was one of the more skeptical posters with regard to Chinese Microcaps, but you've got me beat by a mile.
My skepticism has just kept me on the sidelines from some of these companies with "unbelievable" numbers, but I wouldn't dare go short of buy puts on any of them.....as I've seen many of them move up by multiples....regardless of their shady corporate structures, A/R issues, loans to unrelated parties and the like.
But I appreciate your DD, keep up the good work. I suppose only time will tell which ones were legit....and which ones were $hit.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854