Well to give you a quick recap, half of this board thinks this is a total fraud and half think either that it's legit or that they can get in squeeze the shorts and get back out before the thing collapses.
They had multiple mis-statements on their sec docs, they keep revising, and claiming that it's a language/translation issue.
But in the end the thing really stinks to high heaven.
but who knows.
all of this is JMHO of course.
Review matt.berry's work on seeking alpha if you need a better recap than that.
chanos kynikos associates was not short fm according to latest sec filings. however, when it comes to china, chanos is clueless never having even bothered thinking about going there himself. he hit the jackpot long ago and has since earned enough interest on his capital from mindless admirers & groupies. shorts should pray he never goes there haha