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Chinese regulators are reportedly limiting access to corporate filings after a series of...

Chinese regulators are reportedly limiting access to corporate filings after a series of incidents in which short-sellers used the information in said filings to deduce accounting irregularities and outright fraud. Sounds like a plan.
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Comments (6)
  • Teutonic Knight
    , contributor
    Comments (2612) | Send Message
     
    Not surprising with China the Unready!
    8 Jun 2012, 09:58 AM Reply Like
  • Paulo Santos
    , contributor
    Comments (24974) | Send Message
     
    A plan to shield fraudsters. After all they are "our" fraudsters ... eheh.
    8 Jun 2012, 09:58 AM Reply Like
  • Tom Armistead
    , contributor
    Comments (5742) | Send Message
     
    China has an internal debate over how much corruption should be permitted. "Moderate" seems to be acceptable. Here's a link to a Bloomburg article:

     

    http://bloom.bg/Ld7NRu

     

    As a practical matter, the US pays lip service to a zero tolerance rule, but we wind up in the moderate area, at best.
    8 Jun 2012, 10:03 AM Reply Like
  • Rhianni32
    , contributor
    Comments (2078) | Send Message
     
    LOL. Let me see if I understand.
    Companies are release cooked books and fillings with illegal activity in it and short sellers are taking advantage of that by short selling before the market realizes the company is crooked.
    The answer is to stop releasing fillings? Yes that clearly will fix the root problem.
    8 Jun 2012, 10:26 AM Reply Like
  • Paulo Santos
    , contributor
    Comments (24974) | Send Message
     
    It fixes the root problem, if the Chinese see the root problem as being Chinese fraudsters getting caught ... eheh.
    8 Jun 2012, 10:37 AM Reply Like
  • Rhianni32
    , contributor
    Comments (2078) | Send Message
     
    I do agree with you Paulo. I think that is the real problem being covered up fixed here.
    8 Jun 2012, 11:46 AM Reply Like
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