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A warning for folks considering working in China (love to hear this debunked if untrue): https://www.chinalawblog.com/2016/09/the-china-stock-option-scam.html

A warning for folks considering working in China (love to hear this debunked if untrue): https://www.chinalawblog.com/2016/09/the-china-stock-option-scam.html https://www.chinalawblog.com/2016/09/the-china-stock-option-... > no foreign person can own stock in a Chinese domestic company not already listed on a stock market. So any such option or stock transfer is void from the start. Foreigners are not permitted to be shareholders of Chinese domestic companies, nor does China recognize the concept of nominee shareholders.

ganguwudan 8y ago
One would have to be a very immoral individual (OP?) to be even thinking about working for a dictatorship that has enacted concentration camps, shut down all kinds of religious activities, and jailed pastors and democratic demonstrators alike. Not to mention the extreme social credit scores and AI-assisted censorship and monitoring of people living there. Why not check out other countries? Taiwan, South Korea or Japan perhaps if one is interested in hardware.
- makotech222 8y ago
  USA does all those things already too, lol.
sabujp 8y ago
you can via ADRs, at least for large companies they usually follow the market. However under the hood this seems unfair. Why does China get to be protective but the the west does not? Just greedy non-chinese companies that don't care where the investments are coming from?
- HillaryBriss 8y ago
  can there be an ADR for a company that is not listed on the stock exchange?
- ralph84 8y ago
  > Why does China get to be protective but the the west does not? The short answer is the west was seduced by access to the Chinese market and was willing to do one-sided trade deals to get that access.
cepp 8y ago
This is true, however, very few companies will be purely Chinese entities. Both due to foreign investment and desire to IPO in Hong Kong many will manifest as a VIE in which a foreigner or foreign entity can legally own stock.
contingencies 8y ago
I believe some of the rules around this stuff just changed due to fallout from the US-China trade war. Furthermore, it's the inertia of a creaking socialist era registration system (broadly three categories: domestic / JV / foreign) which is probably about due to be overhauled, not recent conniving.

ganguwudan 8y ago

One would have to be a very immoral individual (OP?) to be even thinking about working for a dictatorship that has enacted concentration camps, shut down all kinds of religious activities, and jailed pastors and democratic demonstrators alike. Not to mention the extreme social credit scores and AI-assisted censorship and monitoring of people living there. Why not check out other countries? Taiwan, South Korea or Japan perhaps if one is interested in hardware.

makotech222 8y ago
USA does all those things already too, lol.

sabujp 8y ago

you can via ADRs, at least for large companies they usually follow the market. However under the hood this seems unfair. Why does China get to be protective but the the west does not? Just greedy non-chinese companies that don't care where the investments are coming from?

HillaryBriss 8y ago
can there be an ADR for a company that is not listed on the stock exchange?
ralph84 8y ago
> Why does China get to be protective but the the west does not? The short answer is the west was seduced by access to the Chinese market and was willing to do one-sided trade deals to get that access.

cepp 8y ago

This is true, however, very few companies will be purely Chinese entities. Both due to foreign investment and desire to IPO in Hong Kong many will manifest as a VIE in which a foreigner or foreign entity can legally own stock.

contingencies 8y ago

I believe some of the rules around this stuff just changed due to fallout from the US-China trade war. Furthermore, it's the inertia of a creaking socialist era registration system (broadly three categories: domestic / JV / foreign) which is probably about due to be overhauled, not recent conniving.