Famous investor Jim Chanos thinks Alibaba’s accounting looks shady — even by China’s standards.
“The accounting at Alibaba is some of the most questionable I’ve ever seen” for a major company, Chanos said of the world’s largest retailer.
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Historically, the Chinese market has been relatively isolated from international investors, but much is changing there now, making China virtually impossible for the diversified investor to ignore. Earlier this year, CNBC pointed to signs that Chinese regulators may start easing up on their scrutiny of companies after months of clamping down on tech firms. That Read More