Interesting video from Bloomberg Television's "Fast Forward." Click on link:
http://finance.yahoo.com/video/marketnews-19148628/some-chinese-firms-may-overstate-their-u-s-presence-25799194
I think result could be very interesting if people conducted similar on-the-ground due diligence on Chinese companies listed in Hong Kong, particularly in industries which are fixed asset intensive or claims to spend a lot of capex. Might be worth asking where all that capex has gone?
No comments:
Post a Comment