>Chinese companies are making a mad dash to get as much money as they can before investors finally catch onto them.
Well, better to say that Chinese companies were and are making mad dashes to get their MONEY OUT of China with some very inventive ways for decades.
Just before those were gold bars smuggled in the underwear, now those are things like financial instruments IPOs and such.
In a another news today, there was a note about Chinese company called Bytedance claiming bizarre valuation for its NASDAQ IPO, and the whole thread had not a single mention of rather substantiated and spoken about in China notion that Bytedance is another pump and dump scheme riding the ongoing O2O frenzy, and that their ownership structure suggest that the few other crazy rich Chinese people on board simply looking for a way to get their money out of China through that IPO.