Chinese companies with poorly executed websites

For whatever reason, some Chinese companies listed on foreign exchanges have bad websites.

For example, Yongye links to a press release put out by ambulance-chasing lawyers targeting Yongye.

yongye-links-to-ambulance-chasing-lawyers

The events section on its website is also horribly outdated.  The last event listed is from 2011, even though Yongye continues to hold earnings conference calls.

yongye-outdated-website

At least Yongye paid for its stock photography.

stock-photography-fail

In general, I suspect that there may be a correlation between the quality of a website and the subsequent stock performance.  QXM/XING for example stopped updating its website a few years before the stock went to 0.

*Disclosure:  Shorting YONG via put options.  I have no position in the common stock.  Short CXDC common.

Links

Chinese stocks and ICP numbers

The Bronte Capital blog has a very interesting post about how UTA’s website did not work.  The stock is now defunct.

EDIT (1/23/2015): My current theory is that the same group of people are behind all of these companies.  That could be why the websites are of similar quality.

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5 thoughts on “Chinese companies with poorly executed websites

  1. Pingback: Chinese companies with poorly executed websites – 3 years later – Glenn Chan's Random Notes on Investing

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