Here’s a recommendation for everyone: an offshore trust concept stock that you can short. 霸王茶姬 CHA, which went public in 2023, has most of its founder’s shares held by an offshore trust. Since its IPO, the stock price has been on a steady decline. Now, the price at which the shares are calculated for the trust becomes quite interesting. If calculated based on the IPO price, the founder Zhang Junjie would need to pay an additional tax of 370 million, which is half of the market value of his holdings . Compared to other big shots, Zhang Junjie doesn’t have much backing, making him a perfect candidate for a warning example. Plus, his father-in-law’s company, Trina Solar, hasn’t been doing well lately either—high debt ratio and a failed private placement. Everything about this just screams trouble .