Posted by truthseeker1 > 2015-05-17 13:06 | Report Abuse

A prejudice is always a prejudice. Someone don't read the blog and understand the contents. Good article from Shaun Loong.

Posted by Shaun Loong > 2015-05-17 16:31 | Report Abuse

@truthseeker1, thanks for the compliment. Truly appreciate it!

@ks55, all these accounting frauds can happen to any companies and not necessarily Chinese companies. In my article, I assume that there is no accounting problems or any other frauds in these companies. The only problem is the statutory regulation is hindering the companies from rewarding the shareholders with dividends. As a result, less institutional investors leads to less capital gain.

Posted by Ny036 > 2015-05-17 16:47 | Report Abuse

Is kanger will be the next one?

Posted by Sunkist118 > 2015-05-17 18:26 | Report Abuse

Fortunebullz always teow ppl not to be racist. Buy China product. '!! He good United Nation

Posted by Sunkist118 > 2015-05-17 18:49 | Report Abuse

See my fren Fortunebullz is goo United Nation. Good man

Posted by truthfinder > 2015-05-17 19:12 | Report Abuse

I read Star yesterday about 1MDB. No one should "pre-judge" its financial matters of the reviews by the Auditor-General(AG). 1MDB board said company accounts were audited by international audit firm Deloitte which has signed off 2013 and 2014 accounts without qualification. Similarly KPMG signed off the 2010, 2011 & 2012 accounts with no qualification.

Posted by truthfinder > 2015-05-17 19:13 | Report Abuse

Now come back to red chips. Do auditors signed off their accounts?

Posted by chengswechu > 2015-05-17 23:12 | Report Abuse

All china stocks are bully by a grp of local syndicates .
Holding power will win the race.

Posted by Shaun Loong > 2015-05-17 23:20 | Report Abuse

Somewhat true. These Chinese counters may be fraudulent hence risky. On the other hand, another way to see it is these counters are truly value for money. In the long term, these shareholders can enjoy multiple folds of gains given their exceptionally cheap prices now.

But personally, I think no one really knows how long we have to wait to enjoy these returns. After all, many short term investments can be compounded which can beat the performance of a long term investment.

Posted by Shaun Loong > 2015-05-17 23:39 | Report Abuse

Haha. Uncertainty, I'd skip the counter.

Posted by chengswechu > 2015-05-17 23:59 | Report Abuse

Counters like Msport,csl ,hbglobal are cheap sales. strong buy.Low risk