We Must Be Vigilant Against The Western Countries' Obliteration Of Chinese Enterprises.
Recently, reports about counterfeiting, suspension or delisting of some Chinese Listed Companies in the US have been heard. The criticism of these enterprises and the introspection of China's market environment, such as regulation and integrity, are endless. We should beat our own children, we should review our mistakes in "discipline", but at the same time we need to be sober and vigilant: as in the past few years, when a few Chinese exports of toys, lighters and steel were detected quality and safety problems, the western public opinion attacked China's enterprises and the overall image of Chinese products.
An indisputable fact is that China has become the world's largest exporter, providing products with high quality and low price to the global market. Chinese enterprises have won numerous international orders. If Chinese enterprises are only counterfeiting, Chinese products are only cheap, so China can not have such a strong competitiveness, and China's economy can not achieve today's development.
But negative news always seems to be more than Positive news Some people are interested in it, and attackers often emphasize the "Chinese concept" and repeatedly nagging the overall nature of Chinese enterprises' "untrustworthiness".
The "reliability" of the attacker is doubtful.
Foreigners who have taken the lead in attacking and shorting "China concept stocks" mostly "independence" recently. Research Institute "Identity" appeared mainly in "muddy water research" and "fragrant rafters research". Examining the backgrounds of these people, we can see that they all have certain Chinese experiences and are foreigners looking for opportunities in China. Carson Block, a 35 year old founder of mudshui company, worked in Shanghai. He claimed that he had found evidence of financial fraud in China's Listed Companies in the United States when he investigated his father's business partners in China. Then, he made a more in-depth investigation and assessment of the relevant enterprises in order to safeguard the interests of US investors.
In a statement of accusation against muddy water research, a Chinese enterprise, Jia Han, pointed out: "muddy water research clearly indicates that it is not responsible for the accuracy, timeliness and completeness of the information in the report. In addition, its website does not disclose the address or ownership information, or the qualification certificate of the "Research Report" author. The Ontario Securities Commission or the web site of the Stock Exchange Committee has not listed the muddy water company or its author as a registered investment adviser. " It is worth our careful consideration about the reliability of the results of the attacker's investigation and even the counter accusation of research capability. At least, we can't just listen to one side of the attacker.
It has been reported that these institutions have made a lot of money because of the release of short messages to guide investors, and relevant US agencies have begun to investigate the manipulation of the market by these institutions.
It is noteworthy that in the allegations against a specific Chinese company, attackers highlighted the concept of "China". Muddy water company claims: "there are very few high-quality Chinese companies coming to the US." Is this logical conclusion that almost obliterate a group? Does a rigorous research organization dare to "jump thinking"? Is it true that "ignorant people are fearless"?
The key is to find out why such reports issued by "reliable" doubtful organizations can be spread in such a wide range, and have been used by some foreign securities investment institutions to make waves and quickly break down many Chinese Listed Companies in the US. In addition to fatal injuries in some Chinese listed companies, I am afraid the overall attack on the "China concept" caters to some psychological activities of Western media and public opinion.
Over the years, our country has invested heavily in the promotion of promotional videos in western major media, hoping to correct foreigners' stereotypes of Chinese enterprises and products. But frankly, the effect is not obvious, and the publicity may not be enough. At the same time, there are many false reports about China in the western media, which mislead the public's cognition.
Let the world know us, only if we understand them first.
At present, the attacked Chinese enterprises are generally weak in their accusations. Enterprises that have some defects themselves naturally have to be silent, and those companies that are implicated by the innocent have little experience in dealing with such incidents. A direct refutation of the "hunting" of these organizations is to seek personal gain, which is like damning the igniter and not enough to extinguish the fire that has been ignited on them.
In fact, the problems of Chinese Listed Companies in the United States will happen in other countries, including American companies. Junk stocks and bonds are also the "hot plate" of some foreign stock exchanges. The first step for Chinese enterprises to go out is to prepare themselves well: the living environment of foreign countries is much more complicated than that of China, and all kinds of financial instruments, all kinds of people, and all levels of market are not explained by the principle of investment and financing in textbooks. For example, the short selling mechanism of the US stock market has provided sufficient motivation, so that some brokerages and investment institutions are willing to collectively follow up the siege operations. They do not matter whether the facts are true or false, only to see if there is any opportunity to make money. Chinese enterprises can learn from this incident: the moon in foreign countries is not so gloomy as that in China.
Some Chinese companies are successful in countering short rumors, demonstrating their profitability and gaining trust. The key is to provide sufficient evidence and evidence to be released through more channels.
When others misunderstand us, it may be their beginning to understand us, but we should first understand them. (
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