Skip to main content
No. of Recommendations: 0
This concerns me, as I own stock in BYD, LI, NIO, and XPEV.
The video did NOT mention BYD LI NIO or XPEV.

There is a description of a fraud process in which fraudsters manipulate the system to get venture capital funding for building new cars, then the fraudster disappears.

There is an interesting description of the Chinese auto inspection process.


While fraud is a concern, what would worry me more is the arbitrary chance in rules for companies that have nothing to do with fraud but still kill the company as an investment. What happened to TAL and the other education companies a few months ago and now what is happening to Didi. Those reasons are keeping me away
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.