Post by Andrew Wong, ACA, CFA

China's largest cemetery operator has been suspended, and faces delisting. Fu Shou Yuan (1448 HK). USD 765 mn market cap. Owned by top institutional fund managers like Ping An Fund, Aberdeen, Wellington Management. Then on 20 March 2026, the HKEX suspended trading of the company's shares. Annual report delayed. 47 Questionable Transactions since 2016. At least RMB 20 mn. Forensic accountants still investigating. The most disturbing part? There were 3 big red flags hiding in plain sight, since 2017 right up until the week before its suspension. Tomorrow, I’ll reveal these red flags, and show you how to spot them before it's too late. Subscribe for free to get it in your inbox tomorrow. Link in comments.