Bloomberg keeps an index of Chinese
Misfortune Cookies Reverse Merger stocks. It looks exactly like you’d guess it would – down 50% year-to-date.
The regulators are now filing for rule changes to listing policies and issuing investor alert bulletins. I like to think my very loud, very public shot across the bow a month ago has played some role in helping people escape this garbage.
Here’s what the index of Chinese RTOs looks like: