IMO,all Chinese companies listed in ASX,should be honest with financial statements,pay reasonable dividend every 6 months,deposit large fund to bank and do not spend money to buy franchisees' shops or support remodeling the shops.
ASIC should set financial regulations for foreign companies to list in Australia not to take fund from Australia,acquired by IPO in Australia before paying dividends equal to the amounts.
IMO,Chinese companies which did IPO in Australia maybe want to take the funds from Australia to China and never pay dividends or pay very small dividends and never mind the share prices in ASX.
IMO,in some concepts,these ways look like frauds by IPO.
CDC Price at posting:
8.8¢ Sentiment: Buy Disclosure: Not Held
