Original Article by Andrea Shalal-Esa, Reuters Journalist (Reuters) – Over 100 U.S. aerospace and defense industry executives are urging Defense Secretary Leon Panetta to hold off on proposed changes to Pentagon contracts with industry, warning they would dampen competition, raise […]
WASHINGTON, Sept 29 (Reuters) – A top securities regulator said U.S. criminal authorities are investigating accounting irregularities at Chinese companies listed on U.S. stock exchanges. “There are parts of the Justice Department that are actively engaged in this area,” said […]
WASHINGTON, Sept 26 (Reuters) – When Michael Marks and John Wang stepped off the board of directors of Jiangbo Pharmaceuticals JGBO.O in June, they said goodbye to the Chinese company with a 23-page resignation letter complaining of months of unanswered […]
The GeoTeam has come across the anonymous letter that was issued on August 29, 2011 by Chinastockwatch.com. The views expressed by Chinastockwatch.com do not necessarily express the views or beliefs of the GeoTeam. [pdf https://geoinvesting.com/wp-content/uploads/2011/09/China-Stock-Watch-SVM-Questions.pdf]
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After the market close yesterday VALV released news that it had changed auditors. “Shengkai Innovations, Inc announced that its auditor BDO China Li Xin Da Hua CPA Co., Ltd. (“BDO”) resigned on August 4, 2011 because parties were unable to […]
-transcript from istockchina.com– Over the past year, US-listed Chinese stocks have been thrown into a credit crisis amid a series of financial frauds. Many were suspended and delisted. The president of a delisted high-tech firm in northern China, who prefers to […]
The last two months have been quite challenging for long investors holding positions in both China and United Sates equities. ChinaHybrids are under pressure as the growing number of proven frauds in this space are finding it increasingly difficult to […]