Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The growing scandal of blatant China frauds on AIM continues. What have the authorities done about it? Certainly, nothing to reassure. As I shall discuss, the London Stock Exchange is playing with fire.
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Comments
DUCK AND DIVE
The only explanation I can come up with is that this is all part of a multi-billion UK/China trade deal so the dodgy listings have our Government’s blessing as part of sweetener for a Rolls Royce engine deal or similar.
Dave Green
That’s a great summary of the state of play Nigel. I took a small, mad punt on Jiasen this week but have my eyes wide open on this one. I’m prepared for the worst.
AK47
I think DUCK AND DIVE has a point here. There has to be some trade deal between govts going on.