So the company has confirmed that the Chinese Govt sanctions SGG to be a black hole where money can get siphoned to from shareholders in Australia but no money can come back to shareholders .
So officially there is no reason to own other Chinese domiciled companies listed the ASX unless one wants to take a tax loss .
Maybe Australia needs to do the same with Chinese investors here !
SBB Price at posting:
1.1¢ Sentiment: None Disclosure: Not Held
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