What is your point?
GM invests money into its own plants. GM knows where its money goes. It is irrelevant here.
The problem with investing Chinese stocks is that you do not know where your dollar goes: company's safety box, or CEO's pocket. The latter has been seen for way too many cases.
There is no doubt there are some really companies doing business for shareholders. But so many fraud cases make me believe that there is no way you can prove which one is good one.
The rules "innocent unless you prove guilty" does not apply investing Chinese companies because you do not want to lose money. The new rules here is "guilty unless you prove innocent".
That is the situation about investing Chinese stocks.
Anyone gives me evidence on FENG.
Good reply there gotech8888... The stock is as new lows so the market has spoken...
Here are SOME other stocks investors missed when they started moving a few months back; SHW, SIRI, PHM, V, CVI, CONN, PSX and TASR just to mention a few...
If YOU ever get tired of watching your stocks lose YOU money then consider :m:u:a:t:h:e: . :c:o:m: (without the colons).