Recently, Reuters has published the special report on Chinese short-cuts to Wall Street by doing the backdoor IPO or reverse merger. Originally there were two guys named Timothy Halter and Zhihao John Zhang who brought two Chinese companies who made power

In the last several years, many small- to medium-sized Chinese companies found a way to trade on the New York Stock Exchange and NASDAQ through an obscure transaction called a reverse merger.

As the U.S. and China tussle over high-profile trade disputes and geopolitical tensions, a scuffle in yet another arena -- the securities market -- has been brewing and threatens to boil over soon, say experts.

The wave of Chinese stock listings on the U.S. equities markets is one of the big stories in recent years. And like anything in the investment world, there's the good, the bad, and the ugly.