have a look at the list of involuntarily delisted Chinese...

have a look at the list of involuntarily delisted Chinese companies ASX listed on the last two pages of this document:
I got screwed BY SBB , shown and another company not shown in the list
Also got screwed by a US property trust still has my money , trading with same manager , but delisted also there are several ASX listed companies that have great IP and should be making great money but are likely to delist or have delisted , I am currently being screwed by one of those to . Be interesting to know what is happening behind closed doors

Basically the Chinese companies would list on the ASX , with great financials get Australian investors , then they would delist yet the companies still operate in China and oz investors lost all their investment


https://vuir.vu.edu.au/44741/1/LIU_Yifei-Thesis.pdf