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
Jade Art JADA US Consumer Discretionary
Sinopipe Holdings SPIP SP Industrials
Boer Power 1685 HK Industrials
Fung Choi Media Group FUNG SP Industrials
Fujian Zhenyun Plastics Industry Co. Ltd FZPI SP Industrials
JES International Holdings JES SP Industrials
Changjiang Fertilizer Holdings CJFH SP Real Estate
DMX Technologies Group DMX SP Information Technology
Sunmart Holdings SUNM SP Materials
China Paper CPAP SP Materials
China Hongqiao 1378 HK Materials
Huishan Dairy 6863 HK Consumer Staples
National United Resources 254 HK Industrials
Shenji Group Kunming Machine Tool 300 HK Industrials
National Agricultural 1236 HK Information Technology
Real Gold Mining 246 HK Materials
Sijia Group 1863 HK Materials
Mingfa Group 846 HK Real Estate
Trony Solar 2468 HK Information Technology
Dynasty Fine Wines 828 HK Consumer Staples

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