The carnage in US-listed Chinese stocks last month - the worst since the global financial crisis of 2008 - has upended many foreign investors' assumptions about investing in Chinese companies.
Lured by the promise of a vast market with visionary entrepreneurs and innovative companies, investors were willing to overlook many of the issues they normally consider important when making investments, such as robust accounting practices, predictable regulations, high standards of corporate governance and legal recourse. But now, they have to contend with some new realities of China's politics, and geopolitics.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you