Can anyone ELI5 this for me?
How do Chinese companies registered in the Cayman Islands get listed on American stock exchanges? Seems pretty sus.
Vipshop Holdings (VIPS)
https://ir.vip.com/financial-information/sec-filings
LightInTheBox Holding (LITB)
http://ir.lightinthebox.com/investor-relations/sec-filings/
Renren (RENN)
https://ir.renren-inc.com/index.php/financial-information/sec-filings
And is there a link between these 3 specific companies and GoDaddy? Does China own them?