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Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 2738 Registered: 05-2011
Rating: N/A Votes: 0 | Posted on Tuesday, December 01, 2020 - 6:30 pm: | |
https://finance.yahoo.com/news/opportunity-us-listed-chinese-enterprises-2114096 62.html Do not take hasty decisions, 2 things 1. I am seeing is the audit regulation might be good for us. We saw what happened to Luckin Coffee. Companies might follow the audit regulations because U.S is too big market to lose for companies like NIO etc.More auditing should mean more confidence in chinese stocks who follow the rules 2. In my opinion the US will never delist the big chinese stocks. For suppose it did, the reaction of Chinese government would be something similar like banning e.g. Apple from China which would cause Apple to drop like( 25% +)? It is just a game they are playing like trade war. Both countries need each other. Short term drop will happen and might be good opportunities too. |