25-07-2022, 01:41 PM
25-07-2022, 01:45 PM
the china company listed in US will be delist eventually because of fraudulent accounting & more as below!
中概股最终退市的根本原因
中概股最终退市的根本原因
25-07-2022, 01:47 PM
25-07-2022, 01:59 PM
Feel that this issue hurts both investors and Chinese companies that have benefit from the investments when they IPO in US...
The US govt hurt its own investors through its actions. Rightfully the new rules should apply only to new listings as investors have already accepted the risk of the existing listings.
The China govt is the exception among all the countries that have IPOs in the USA. US and China being rivals are already gathering data on each other through various means. Almost all these companies have employees that are not security cleared handling data ...so in practice is it such a big issue to release audit data? Why the inconsistent strictness when releasing audit data.
No other country in the world has this problem.
At the end of the day it is another issue resulting from poor relations between both countries. ..causing mutual hurt ....
The US govt hurt its own investors through its actions. Rightfully the new rules should apply only to new listings as investors have already accepted the risk of the existing listings.
The China govt is the exception among all the countries that have IPOs in the USA. US and China being rivals are already gathering data on each other through various means. Almost all these companies have employees that are not security cleared handling data ...so in practice is it such a big issue to release audit data? Why the inconsistent strictness when releasing audit data.
No other country in the world has this problem.
At the end of the day it is another issue resulting from poor relations between both countries. ..causing mutual hurt ....
25-07-2022, 02:01 PM
Assmerica is having extreme Sinophobia!
25-07-2022, 02:04 PM
The 3 tier thing is likely fake news released by short sellers to create fear and drive down China Tech stocks.
Rumor denied by Chinese authorities. If true they usually stay silent ...I'm this case they come yo say it is untrue..
https://www.cnbc.com/2022/07/25/chinas-s...-plan.html
Rumor denied by Chinese authorities. If true they usually stay silent ...I'm this case they come yo say it is untrue..
https://www.cnbc.com/2022/07/25/chinas-s...-plan.html