wanting a piece of Chinese firms, whether state-owned oil majors or tech stars, need not stray beyond Wall Street. Over the past two decades some 200 Chinese firms have gone public in America, more than from any other foreign country. These firms’ total market value is more than $1trn. For America’s stock exchanges, that is a great triumph. But trade hawks are starting to describe it as a great liability.
Those threats might be dismissed as idle, but for the actions of a couple of their targets. On May 24th Semiconductor Manufacturing International Corp , China’s largest maker of semiconductors, said it would delist from the New York Stock Exchange. Then on May 28th Bloomberg reported that Alibaba, a New York-listed Chinese e-commerce giant, was considering a second listing in Hong Kong.
Source: Financial Digest (financialdigest.net)
This does not seem true. Just 200?
And all are fraud.
infiltration enterprises
HISTORY IS MASTER SCRIPT.
Puts & Shorts 📉💰💰💰💰💰
That would be both a mistake and counter-productive.
whoa whoa whoa ChinaHustle
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