Noob, i've skipped over that document before. I thought the issue was that auditors weren't allowed (under Chinese law) to hand over audits to overseas regulators. But the auditors themselves had access to sufficient information to conduct a proper audit. Also, i have read that since that article China has allowed some audit documents to be released of companies singled out by the SEC for investigation.
Whilst this is pretty concerning (very concerning perhaps), GT has had a better look at SBBs books than anyone in aus and have not identified any inconsistencies, indications of fraud etc etc. So personally I understand the issues with Chinese companies but would prefer to trust GTs opinion of the accounts than anyone on this thread.
That said I still reckon FD is gold for stirring the pot and asking the questions every shareholder should be.
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