Chinese Stocks: Crouching Profits, Hidden Danger

In the beginning of June, short seller Muddy Waters Research released a report that reduced the value of Sino-Forest stocks to a sliver of their May prices. The ripples were felt by other Chinese companies listed in North American stock markets, many of which saw their stock values drop.
Chinese Stocks: Crouching Profits, Hidden Danger
Traders work on the floor of the New York Stock Exchange in early 2011. In the beginning of June, short seller Muddy Waters Research released a report that dramatically reduced the value of Sino-Forest stock. This was just the first of several Chinese companies being assessed by Muddy Waters. Mario Tama/Getty Images
|Updated:

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/china_stocks_on_US_exchanges_109926666.jpg" alt="Traders work on the floor of the New York Stock Exchange in early 2011. In the beginning of June, short seller Muddy Waters Research released a report that dramatically reduced the value of Sino-Forest stock. This was just the first of several Chinese companies being assessed by Muddy Waters. (Mario Tama/Getty Images)" title="Traders work on the floor of the New York Stock Exchange in early 2011. In the beginning of June, short seller Muddy Waters Research released a report that dramatically reduced the value of Sino-Forest stock. This was just the first of several Chinese companies being assessed by Muddy Waters. (Mario Tama/Getty Images)" width="320" class="size-medium wp-image-1801596"/></a>
Traders work on the floor of the New York Stock Exchange in early 2011. In the beginning of June, short seller Muddy Waters Research released a report that dramatically reduced the value of Sino-Forest stock. This was just the first of several Chinese companies being assessed by Muddy Waters. (Mario Tama/Getty Images)
Yue Pang
Yue Pang
Author
Related Topics