For reasons I am sure they find good and sufficient,
Chinese companies have been seeking listings on the U.S. securities exchanges.
The Chinese companies (or at least some of them) have also been discovering an
added side-effect of a U.S. listing - that is, exposure to a class action
G. Pecht , Jeffrey
A. Blount , Stephen
Mark Dollar , Peter
Stokes and Mark
Chinese companies with securities
traded in the United States are facing mounting scrutiny from U.S. regulators, plaintiff's
lawyers, and short sellers. Fulbright &...
The current China hot button appears to be a series of
meetings between representatives of the Securities and Exchange Commission, the
Public Company Accounting Oversight Board, and their counterparts in China. The
hope is to convince the PRC government to allow the US regulators to inspect