MR Mindray Medical

Discussion in 'Stocks' started by Hook N. Sinker, Sep 5, 2007.

  1. According to Mindray Medical International Limited stock symbol MR is a developer, manufacturer and marketer of medical devices in China.

    I interpret Mindray Medical International Limited equity assets revenue liabilities all increasing.

    I remember reading on about Chinese tainted pet food, Chinese toys containing lead paint, Chinese toothpaste containing ethylene glycol, and the Chinese regulator of pharmaceuticals executed for corruption and causing deaths. These are problems that were discovered. There may be other incidents that might not be discovered because the event happened over a year ago and there are no samples available to test.

    If the Chinese are careless in the activities listed above, are they also careless about reporting financial results? Who audits Chinese companies? I can not find significant credible information on the web about Chinese auditors.

    I do not believe Chinese financial results.