Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Of the 40 China stocks listed on AIM on June 1 2014 or listed since only 25 are still trading. 11 have been booted off and 4 are on death row awaiting expulsion following the loss of their Nomad. The returns from this portfolio of doom now average MINUS 50.125%. But actually it is worse.
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Comments
Eshaitan
Hey Tom I believe GTS Chemicals are also up since their IPO last year. Their interims came out on Monday 28th September and were very bullish with strong growth rates across the board, but the share price barely reacted. I don’t think anyone wants to touch these stocks at the moment its impossible to know what you’re getting into.