Thndr Claps » U.S. Claps » Dow Jones » U.S.-Listed Chinese Stocks Can’t Seem to Catch a Break🧧
The Clap👏First, it was tight U.S. audit requirements on U.S.-listed Chinese stocks, now China itself is cracking down on its own companies.
What’s Going On??🧐A new rule straight outta Beijing has made it more of a hassle to list in other markets if companies decide to delist from U.S. stock exchanges.
The rule applies to internet platform companies with personal data of over one million users but does not apply to companies that already went public (cc: DiDi).
But, Why?🤨One expert describes this crackdown as Beijing’s way of telling these U.S.-listed Chinese companies to list their shares back home.
Why this Matters🤔Only about a third of U.S.-listed Chinese companies are reportedly eligible for a dual or secondary listing in Hong Kong.
The rest, well they would need to go private first, before exploring alternative listing options.
Investors were advised earlier this year to reduce their exposure to U.S.-listed Chinese stocks.
© Thndr. All rights reserved
Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved
Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.
This is why we introduced Thndr Thinkers💭
Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!
Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts
Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!
Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours
Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.
Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers
No promotional content🚫 We don’t publish promotional content.
Any questions about becoming a Thndr Thinker? Email firstname.lastname@example.org and we’d be happy to help!
Normally, your article will be published within 24 hours of submission (if you followed the guidelines)