SG Talk

On Dec. 2 , the U.S. Securities and Exchange Commission completed all the preliminary procedures necessary to begin a delisting process for Chinese stocks through the Holding Foreign Companies Accountable Act.

However, the earliest any termination in trading could occur is early 2024, Morgan Stanley analysts predicted in a Dec. 3 note.


In the last few years, many major U.S.-listed Chinese companies like Alibaba, Baidu and JD.com have completed secondary stock offerings in Hong Kong.

In the event of a stock’s delisting from New York, investors could exchange their U.S.-listed shares for the Hong Kong-listed ones. Not all U.S.-listed Chinese companies are eligible for secondary listings in Hong Kong, Morgan Stanley analysts noted.


Last summer, Chinese coffee chain operator Luckin Coffee was delisted from the Nasdaq after the company revealed the fabrication of 2.2 billion yuan ($340 million) in sales. The stock plunged to a low of 95 cents a share in June 2020.

But shares rose even after going “over-the-counter” and closed at $12.92 each overnight.


https://www.cnbc.com/2021/12/10/what-hap...list-.html

Where a stock is listed does not change its business or the profitability of its business.

I see delisting tantrum selloffs as opportunities to buy when others sell

Many funds are forced to sell because they are not allowed to hold non US listed stocks

When they are forced ...we have opportunity to buy cheap.

Just stay prepared for such opportunities.

Chinese companies kena CLOBbed by Assmerica?

(12-12-2021, 11:20 AM)cityhantam Wrote: [ -> ]Chinese companies kena CLOBbed by Assmerica?

To be clear ...US closed one eye on the listing reporting requirements for China and HK stocks for some time. All other countries listed companies needed to eeport audit.

Luckin coffee fraud resulted in US side waking up to the problems before that many small China listing in US collapsed and investors lost money.

I wish Singapore authorities had foresight to do this as there were many fraud in S-chips

(12-12-2021, 11:36 AM)sgbuffett Wrote: [ -> ]To be clear ...US closed one eye on the listing reporting requirements for China and HK stocks for some time. All other countries listed companies needed to eeport audit.

Luckin coffee fraud resulted in US side waking up to the problems before that many small China listing in US collapsed and investors lost money.

I wish Singapore authorities had foresight to do this as there were many fraud in S-chips

Are you sure?

How come GRAB can be listed so easily?

司马南：滴滴800亿美元打水漂儿，高盛背景咋也不行了？

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