Despite the growth opportunities in China, many investors consider the country off-limits in part because they don't trust Chinese companies' financial reporting. After Luckin Coffee was found to be a fraud, some investors reason that all Chinese stocks run a similar risk. In this Backstage Pass segment, recorded on Aug. 23, Fool contributors Jeremy Bowman and Brian Withers discuss whether there's any merit to that argument and why large Chinese tech stocks are safer than companies like Luckin. Read More...
Despite the growth opportunities in China, many investors consider the country off-limits in part because they don’t trust Chinese companies’ financial reporting. After Luckin Coffee was found to be a fraud, some investors reason that all Chinese stocks run a similar risk. In this Backstage Pass segment, recorded on Aug. 23, Fool contributors Jeremy Bowman and Brian Withers discuss whether there’s any merit to that argument and why large Chinese tech stocks are safer than companies like Luckin.
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