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The China Hustle

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The China Hustle

An unsettling and eye-opening Wall Street horror story about Chinese companies, the American stock market, and the opportunistic greed behind the biggest heist you've never heard of.

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Release : 2018
Rating : 7.1
Studio : 2929 Productions,  The Kennedy/Marshall Company,  Jigsaw Productions, 
Crew : Director of Photography,  Director, 
Cast : Wesley Clark
Genre : Documentary

Cast List

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Reviews

Listonixio
2018/08/30

Fresh and Exciting

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Pacionsbo
2018/08/30

Absolutely Fantastic

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Odelecol
2018/08/30

Pretty good movie overall. First half was nothing special but it got better as it went along.

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Scarlet
2018/08/30

The film never slows down or bores, plunging from one harrowing sequence to the next.

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Alexia Verona (idontknowiknowthatidontknow)
2018/04/08

Basically this is a cycle of greed that is natural among humans, so there are no good guys in the film as it aptly pointed out in the first few minutes.A. so you have the investment bankers and lawyers encouraging micro Chinese businesses to enlist through reverse mergers in USA so can make a fee. B. The CEOs of these small Chinese businesses do it so they can get more funding for their businesses and make a killing on the shares they already own. Some of them just outright steals from the company later on. C. Short sellers finding their reporting too good to be true and does genuine due diligence and discovers fraud. They short the stock and publishes their findings. Again they make money.The Chinese cannot be prosecuted because they're in China, and the government doesn't want to do anything about it.I don't like how this geo investing guy acts like some robin hood trying to stand up for the people. He knows it's all about making a buck otherwise he would distribute the short profits to the investors of the companies he shorted. So basically the film is saying that when there's opportunity for money to be made, people will do it be it legal or not; aka greed.

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mrtimpson-67619
2018/04/06

Interesting Documentary. Worth watching. Seems like the "China Hustle" will keep happening for a while. Muddy Waters Research from this movie has an interesting report on CIFS on their website and is currently short CIFS. I'm curious to see what happens to that company and the stock.

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BasicLogic
2018/04/01

People would tell you if you want make money, you've got to use it to make it. But what we saw in these non-violence robberies committed by fake Chinese IPO companies pitching by American investment brokers to the American public, especially those with retirement funds pensioners or those without pension plans, losing their entire savings were just a no-brainer outcome. There are millions Chinese losing their savings to their cheated investments, lot of them committed suicides since they didn't have a penny left. I don't think the 1.3 billion Chinese all knew it, otherwise there wouldn't be so many losers protesting almost daily in China for their failed investments. So this "Crying Wolf" documentary is just like playing music to the deaf public.Investing on the stock market is like playing fire, sooner or later you'll be burned, same as playing the knife, die by the knife. We never heard people who have made lot of money in stock market complaining or whining, only those who lost money. You have to deal with the consequence.

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lor_
2018/03/19

Jed Rothstein does a bang-up job in bringing to cinematic life a recent but underreported massive fraud perpetrated on U.S. stock investors by unscrupulous Chinese companies and equally shady American brokers, auditors and lawyers. It is a timely documentary in this era where Republican domination of the federal government, and there absurd anti-regulation crusade merely encourage more such fleecing of the public.Principal whistleblower here is a Pennsylvanian by way of Flint, Michigan (famed as the home of veteran movie muckraker Michael Moore) named Dan David, who declares at the outset of the show that there are no good guys depicted, himself included. He headed up an investment firm that helped push several new Chinese companies on the Big Board, only later to discover that their profits and vast growth were fictional. The gimmick started with Reverse Mergers, whereby a company would merge into an SEC registered company of old that was inactive, say a 19th Century mining corporation. That trick circumvented the due diligence necessary for a new company to gain a stock listing, and creepy folks here in the U.S. took it from there.Location footage shot secretly in China show how phony the supposdly booming companies actually were, and interviewees take us through the potentially dry financial machinations that come alive under Jed's direction. Dramatic highpoint occurs when former presidential candidate Gen. Wesley Clark walks off the set during his interview, rightfully realizing it will put him in a bad light as ex-CEO of one of the misbehaving investment banks.Ultimately I suspect the ongoing wave of Republican party and right-wing propaganda will overwhelm this film or any other's message, in favor of advancing the shibboleths that ending government supervision (read: "interference") with the free market will solve all ills. Just as Trump so easily gets away (so far) with every outlandish denial or contradiction of the truth on a daily basis, such eye-opening exercises as this fact-filled documentary require a public willing to listen, something currently not in the cards.

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