Chinese pump and dump stocks

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Chinese pump and dump stocks: Scammers are sliding into DMs and WhatsApp chats, posing as financial advisers. They’ll hype up shares in small Chinese companies listed on the Nasdaq that look promising. The twist? Insiders are manipulating the price. Once you buy in, they cash out, and you lose thousands (paywall link).

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Tags: companies, Link, price, Stocks, WhatsApp

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