FBI in US, SIAS, SGX here

In China, Corporate governance on 02/02/2012 at 8:49 am

FBI investigating adviser on Chinese reverse mergers following a spate of problems with these listcos. No such luck here for investors here in S-Chips, despite the well documented problems. Investors only got SIAS and SGX.

I mean even HK securities authority seems to be more active in taking action against Chinese listcos (see bit towards end of article).

  1. No chance of regulators here doing anything. After all, they are strict adherents to the Anglo-American neo-liberalist school.

  2. Who the F ask people to give money to cheenas?? Just watch the PAPies and invest in what they invest with their own money can liao. And no, I’m not talking about Temasek or GIC coz those PAPies are using Other People’s Money i.e. yours and mine. Zorro Lim is not feeling rich merely by looking at his monthly CPF statements. Golden Age ahead; no worries.

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