The China Hustle

A must see, entertaining, important, continually-relevant watch.

If a company only has a ticker symbol on a US stock exchange but no US business, if that company maintains its accounting records in that country, if that country has very little accounting oversight, should we be scared that those companies accounting is true and accurate? If it is not accurate what happens to the stock once the deception is found out? What happens to the retirement accounts for US citizens that have it in their portfolio? Important film to say the least! Enjoy and learn!

Recommended if stocks, China, and investigative stories are your thing.

Another eye opening piece of work.

This was overly simplistic, the "protagonists" seem shockingly uninformed and basic, and the magnitude of the problem is never clearly defined. You expect to hear from intelligent, sophisticated people when watching a documentary on a topic like this. I don't want to hear joe the plummer tell me about derivatives trading and international securities fraud. This entire film could be distilled into 5-10 minutes or a one-page article explaining that lax securities regulation in the US and China allowed unvetted Chinese firms to list on public US stock exchanges and fabricate their performance. There, I just did it in a SENTENCE. Furthermore, as an American who owns and operates a company in China, let me just say that the characterization of the Chinese business culture was about as nuanced and accurate as saying that American culture can be encapsulated by the love of the flag, guns, jesus, and Pabst Blue Ribbon. That is to say, what is portrayed is generally accurate but only a tiny fraction of the total picture.

Great film! Vindicates some thoughts serious investors might have had on China. Please, do not invest in a foreign country with out doing some due diligence. Real due diligence as the characters in the film did.

This is an eye opener for sure! Now it is time to make some money shorting these companies.

I continue to be amazed about the lack of concern or awareness of uncontrolled greed through lack of regulation on the backs of others. Another great film that tells the story of Wall Street not taking care of Main Street.

I thought this movie was disjointed, slow and simply not very interesting. The victims weren’t compelling, the Chinese perps were not relatable and the hero’s seemed pretty unlikable. I had trouble staying awake after 20 min or so.

The superstars of shining a light on China fraud- Chanos, Block and others. As Chanos says, there has never been such a credit buildup and expansion as has happened in China without a crash. The China Crash is coming. Finally, great to have highlighted Alibaba.