The latest Chinese fraud stock, according to David Little: Sinotech Energy (CTE -23.9%), whose...

|By:, SA News Editor

The latest Chinese fraud stock, according to David Little: Sinotech Energy (CTE -23.9%), whose "largest customers and suppliers are likely nothing more than empty shells with little or no sales or income." This is not your typical Chinese reverse merger, having been taken public in an IPO by UBS, Citi and Lazard.