The conversation surrounding the delisting of chinese stocks.
12+ Will Alibaba Be Delisted
Pics. The stock soared 177% on hype from november to january, less than a year after ipo. This premium investing idea is exclusive to subscribers.
Why 200 Chinese Companies May Soon Delist From The U S Stock Exchange from thumbor.forbes.com
If chinese companies delist their stocks, the new senate bill will bar them from simply changing their symbols and moving to the otc market baidu ceo robin li already shot down rumors that the company would delist its shares in the u.s., but left the door open for a secondary listing in hong kong. After the planned delisting, shares of alibaba pictures group would be publicly traded only on the stock exchange of hong kong. Delisting threat is just another hurdle.
The us senate passed a bill to delist alibaba, baidu and other chinese companies from us stock exchanges, as tensions between us and china flared up once again.
As part of the ongoing trade war, the trump administration is reportedly considering delisting chinese companies from us stock exchanges. He said there's a good chance shares of china's tech giant alibaba, for example, will stop trading after three years if the bill becomes law. The discussion should not be construed as investment. Stock market, is a move in congress to it remains unclear how a delisting, even if the bill passes congress, would affect alibaba.
