This is HUGE: The SEC -- At Last -- Takes the Lid Off China Stock Scams
Forbes article this morning;
"""If the relevant authorities in both China and America stick to their guns, the denouement could well be a highly acrimonious financial divorce between the two nations. Not the least of the consequences would be the delisting from American markets of countless major Chinese companies. That poses major question marks for U.S. investors in such megastocks as SinoPec, PetroChina, China Life, Sina, and Baidu."""