Muddy Waters, whose analyst reports triggered US$7 billion in losses for mainland Chinese stocks, used an unlikely secret weapon for its research: the public website of the United States Securities and Exchange Commission….
“The CorpFin accountants do a good job of spotting issues in the companies’ filings,” said [Carson] Block, a co-author of Doing Business in China for Dummies.
via Carson Block reveals Muddy Waters’ secret weapon: the SEC | South China Morning Post
