Hall of Shame

Welcome to the beginnings of the GMT Research Hall of Shame. We’re trying to collate as much information as possible on the hundreds of Asian frauds perpetuated in public markets over the past few decades. If you have any additional names or comments on the frauds, please drop us a line at [email protected].

Namesorting01 Tickersorting01 Industry Namesorting01 Yearsorting01
Ballard Power Systems Inc. BLDP US Alternative Fuels 2018
Hua Han Health 587 HK Pharmaceuticals 2016
Dick Smith DSH AU Speciality Retail 2016
Hanergy 566 HK Renewable Energy Equipment 2015
China Fishery CFG SP Farming, Fishing & Plantations 2015
China Fiber Optic Network System 3777 HK Electrical Components & Equipment 2015
Sihuan Pharm 460 HK Pharmaceuticals 2015
Tianhe Chemicals 1619 HK Specialty Chemicals 2014
Fujian Nuoqi 1353 HK Clothing & Accessories 2014
China Lumena New Materials 67 HK Commodity Chemicals 2014
Longwei Petroleum Investment LPIH US Exploration & Production 2013
China Metal Recycling 773 HK Waste & Disposal Services 2013
Wowjoint Holdin BWOWF US Commercial Vehicles & Trucks 2013
AgFeed Industries FEED US Farming, Fishing & Plantations 2013
China Minzhong K2N SP Food Products 2013

Source: Shortsellers' websites, Bloomberg, Companies, GMT Research.