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].

Yearsorting01 Namesorting01 Tickersorting01 Sectorsorting01
2020 iQIYI, Inc. IQ US Communication Services
2020 58.com WUBA US Communication Services
2011 A-Power Energy Generation Systems APWR US Industrials
2011 Advanced Battery Technologies ABAT US Industrials
2013 AgFeed Industries FEED US Consumer Staples
2008 AlphaTrade APTD US Information Technology
American Lorain ALN US Consumer Staples
2019 Anta Sports 2020 HK Consumer Discretionary
2013 Anwell Technologies ANW SP Information Technology
2015 Anxin-China 1149 HK Information Technology
Aoxing Pharmaceutical AOXG US Health Care
2001 Asia Pulp and Paper Company APUUY US Materials
2016 Asian Citrus 73 HK Consumer Staples
2019 Ausnutria Dairy 1717 HK Consumer Staples
2016 Australia China Holdings AAK AU Real Estate
2011 AutoChina International AUTC US Financials
2018 Ballard Power Systems Inc. BLDP US Industrials
2009 Beauty China BCH SP Consumer Staples
2019 BeiGene Ltd BGNE US Health Care
2011 Bel Global Resources 761 HK Materials

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