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 info@gmtresearch.com.

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Yearsorting01 Namesorting01 Tickersorting01 Sectorsorting01
Jade Art JADA US Consumer Discretionary
Sinopipe Holdings SPIP SP 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
China Paper CPAP SP Materials
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
Trony Solar 2468 HK Information Technology
Mingyuan Medicare 233 HK Health Care
PanAsialum Holdings 2078 HK Information Technology
China Taifeng Beddings 873 HK Consumer Discretionary
SCUD Group 1399 HK Industrials
Ultrasonic US5 GR Consumer Discretionary
Ming le sports ML2 GR Consumer Discretionary

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