OAK 1.54% 6.4¢ oakridge international limited

Im not surprised about the lenze failure , saw a good...

  1. 428 Posts.
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    Im not surprised about the lenze failure , saw a good documentary on chinese companies listing on thr US stock exchange at first they were booming until a couple of savy US research firms went over there and found entire factories didnt exist or conpanies had one truck driver for a massive facility which was only built for back listing into the US to take their money, not entirely related but Chinese companies are expert manipulators and wouldnt surprise me if larger conpanies like alibaba have been manipulating earnings , IMO China will cause the next bigger and badder GFC soon to come due to their shaddy financial reporting
 
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