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In Depth: How Fake SOEs Conned Investors out of $575 Million

2020年01月10日 20:00 来源于 财新网
By using misleading names and opaque shareholding structures, private companies are passing themselves off as state-backed
Using misleading names and opaque shareholding structures, private companies are passing themselves off as state-backed to fool investors.

Investors have plowed billions of yuan into investment fund products guaranteed by firms with names that misleadingly make them sound as if they’re linked to major state-owned enterprises (SOEs), Caixin has learned.

版面编辑:喻竹杨洋

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