Mdawg the reason people question SBB is the track record of...

Mdawg the reason people question SBB is the track record of other Chinese companies.

The last Motley Fool article has some concerning stats:
"1 in 5 Chinese companies listed on US exchanges since 2007 being delisted for fraudulent activities and 1 in 10 on the Singapore Stock Exchange" . Of course that also means 80-90% of Chinese companies are doing the right thing.

Also auditors are not infallible - from the same MF article
"Payment of a dividend is not a conclusive sign that there are no issues. Eratat Lifestyle, a men’s apparel retailer in China, paid dividends every year until it wassuspended in 2013, after the company was found to have fabricated some of its bank statements. Grant Thornton, who were appointed as internal auditors, did not appear to pick this up in November 2012 when they examined Eratat’s subsidiaries’ bank balances."

These facts make people think twice about investing in SBB.