There are 10+ China companies listed on Bursa Malaysia.

Most of them are making good profit. XingHe had just signed an agreement to expand its business on last few months. Most of them had a very low PE!

It is very attractive, isn’t it?

However, their price seems like do not have a relationship with their business.

Refer to XingHe chart. Its IPO price is around MYR0.23, but now its price was only MYR0.06!

As below, for others.

Imagine if you are holdings them since IPO, how much had you lose? So, what is going on actually?

Have a look at below news.

China firms plagued by accounting issues!

It is definitely a confidence issue. Most investors are worried the same things are going to happen on other China companies.  Even though the company might not, but investors prefer to avoid this type of company.

So, for all the newbie investors outside, please take note of this, because I am one of the newbie who fell into this before.

Just for sharing.