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Publisher's Notes: Oh No! MOMO!

[CBK Digest is published for email subscribers first, then posted on CBK’s website. To sign up for to receive the email version, see box in the right hand corner of the website.]

Dear Friends:

If you have been keeping up with my despair about the frenzy of companies “going private,” then you can imagine how horrified I was to see Momo’s management taking it private. This company debuted on the Nasdaq in mid-December 2014.

The company may end up holding the world record for least SEC filings of a public company trading on a Big Board. I guess the thrill is gone.

If I was new to China sector, I think I would think twice before investing in China-based/US listed company.

Of note: While I can’t possibly publish a daily email, I am using Twitter more than I have in the past to get out information on timely news, such as when companies announce their have received “Going Private” proposals. If you are a Twitter user, follow me: @JanetCBK.

SAVE THE DATE: Thursday, Sept. 17th, for the next CBK Dim Sum Networking Lunch!

Have a great weekend!

Janet Stites