Performance of Chinese ADRs After Withdrawn Buyout Offers

Management buyout offers are made at a time chosen by insiders and when they may have valuable non-public information about a company's future potential.  Shareholders in companies with currently pending buyout offers (such as China Automotive Systems and China XD Plastics) should consider that some past offers that did not close were followed by significant … Continue reading Performance of Chinese ADRs After Withdrawn Buyout Offers

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Chinese ADR Buyouts in Progress (Update)

Prices of many pending buyouts of US listed Chinese companies fell sharply in May after Chinese regulators expressed concern over relisting these businesses in China through reverse mergers.  Reverse mergers provided a path by which a company could be trading in the domestic market in less than one year instead of potentially waiting 3-4 years to … Continue reading Chinese ADR Buyouts in Progress (Update)