Chinese companies could be kicked off US stock exchanges if they don’t open their books to US regulators. Thanks to the Holding Foreign Companies Accountable Act, the US is finally putting its foot down after years of China stonewalling US regulators. In this episode of China Uncensored, we look at the deal the US and … Read more
China Zhongwang Holdings Limited is known as the “King of Aluminum in Asia.” On October 15th, China Zhongwang suddenly announced its subsidiaries “had suffered significant losses and operational difficulties. Despite efforts from various parties, they are unable to solve the current problems on their own.” The two subsidiaries mentioned are the primary companies of the … Read more
China concept equities are a series of equities whose main resources or revenues of companies are located in mainland China. This past week, prices of China concept equities listed in the U.S. and Hong Kong plummeted due to a regulatory storm by the Chinese government. As of July 29, the NASDAQ Golden Dragon China Index … Read more