Due diligence in China: Art, science, and self-defense
Widespread delisting of Chinese companies has investors rethinking due diligence and looking harder for subtle clues that something is amiss. It’s not often that the credibility of an entire class of companies is called into question at once. The aggregate market capitalization of US-listed Chinese companies fell in 2011 and 2012 by 72 percent—and around one in […]
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