Comparing Valuations in China and the U.S. [View article]
numbers don't say everything. Chinese companies aren't as transparent as US companies. I would be very skeptical of those numbers. one of the little known secret of chinese company is that truely profitable ones don't want or need money from going public. They can fund all their expansions with normal operations or private equities.
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numbers don't say everything. Chinese companies aren't as transparent as US companies. I would be very skeptical of those numbers. one of the little known secret of chinese company is that truely profitable ones don't want or need money from going public. They can fund all their expansions with normal operations or private equities.
Nov 11 16:59 pm
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