Chinese stocks—including the ones listed in the United States—have tumbled since Chinese president Xi Jinping was confirmed as the country’s leader for an unprecedented third term while choosing Communist party allies over global financial experts as members for the Politburo standing committee.
However, volatility is not the only risk linked to owning Chinese stocks that are traded on U.S. stock exchanges. Plaintiffs firms have sued several Chinese companies in recent years over alleged fraud related to artificially undervalued stock offerings.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]