![Traders work during the IPO for Chinese ride-hailing company Didi Global on the New York Stock Exchange.](https://abc17news.b-cdn.net/abc17news.com/2021/08/hypatia-h_8d633f4d1906426d3c3a9811e3700458-h_f1ff178f282ea3a19afa3ce10fe595e9-300-375x225.jpg)
The risky loophole Chinese companies have been using for years
By Charles Riley, CNN Business When investors purchase a stock, what they’re doing is buying a percentage of the company. Right? Wrong! At least when it comes to many of the Chinese companies listed on the Nasdaq and the New York Stock Exchange. That’s because Chinese companies use a structure called a variable interest entity,
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