absolutely never buy chinese stocks, especially on the chinese stock markets. They all, every last one of them lie on their balance sheets. There is no morality

absolutely never buy chinese stocks, especially on the chinese stock markets. They all, every last one of them lie on their balance sheets. There is no morality in chinese business world, people will cheat their own family members to make some quick money, literally cheat their brothers, cousins etc. Insider trading is rampant, especially pump and dump schemes. There is virtually no regulation for insider trading and the few regulators that exist are easily paid off to turn a blind eye to what is going on. Unless you personally know an executive in the company you should not invest in any chinese company