Only $7 in cash and profitable on their reports. Can you trust them.? NO
Yes they did file. All had lawsuits filed against them for fraudulent financials.
Dumbass Look at Liwa, Abat , fsin, LLen,hsol,vifl The list is endless Wake up and save your money.
The Chinese are the worst form of financial crooks in history. We are(and that includes me) morons for dealing with them or the companies they list here in US. God how naïve people are. We need to get our heads out of our butts and see them for who they are. I will look at this stock when it gets below 5 but only for a pop and dump to another dumbass.
You sly are not educated on listing rules in the US. These Chinese companies list here but SEC has no real oversight except delisting rules. Many use Chinese auditors who frequently lie on the audit. I can give you a list of 20 Chinese companies that have filed chapter 11 after fraud was discovered. Stockholders lost all. Chinese lined their pockets at the cost of US citizens. Do not be naïve . You probably worked hard for your money to have it stolen from you. Good luck.
Do not trust Chinese companies. They do not conduct business above board. Many are fraudulent and lie about financial conditions. Find other counties to invest in or you will be burned. They do not hold to audit requirements as here. Communist capitalism is based on fraud and lies. Just my opinion. Earnings beat and a possible buyout. and it tanks to new lows. I bet those in the company are probably selling.
I am not making money and am in the same boat as you with several fraudulent Chinese companies. I realize beating earnings and a takeover possibly in the works but still sinking hard is a sign all is not as it seems. I fear the worst will come soon as insiders always know and sell first.
Sorry, but I tried to warn you not to trust anything regarding Chinese stocks. Financials are not honest for most companies. They are the masters of pump and dump. Fraud is rampant among them.
All I am saying is that Chinese corporations due not work in the best interest if their shareholders.
I can give you a long list of them that have defrauded US investors. SEC here does nothing as they have no authority over them for prosecution. They have no way to validate their financial records except some Chinese audit firm who lies for them. Be smart there are opportunities with companies around the world who follow the rules. Communist China is not one of them.C
I am yapping about how their companies operate..Jaso is a good example how they will fraudulently rob
investors. Conspiracy to dfraud investors out of their due profits for the risk they took. What about those that bought higher and hoped to recover their losses by waiting for better times in the industy. You are ignorant and should invest in more Chinese stocks..
Yes Lets blame all ills on Mr Obama. Dude you must never have studied the US Constitution or have a total lack of understanding how the government process works. It is always easy for the uneducated to blame some individual. I guess you are a member of the "Rednecks" who blame the world problems on Obama.
I do not agree with all his ideas but he has my respect after taking over for that buffoon Bush. Now there is a place to look for many of the problems of today.