Jim Cramer: It should be harder for Chinese companies to go public in the US

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

'This is purely about protecting investors from garbage merchandise,' the 'Mad Money' host says.

"What we need is a moratorium on Chinese IPOs," Cramer said. "Companies from China keep coming public here in the United States, and, for the most part, this deluge of deals has been a nightmare for anyone who has participated in them."of many recent IPOs, "the last thing we need is more questionable securities from China, which has much weaker regulations surrounding all of this stuff than we do," Cramer argued.

that Nasdaq is attempting to tighten restrictions and slow down the approval process for small companies from the country.was introduced to increase oversight of Chinese and other foreign companies listed on American stock exchanges.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Jim I like your usual transparency but you were outrageously biased in your Chinese stock report. Reality is that there are bad apples no matter what, US, Chinese or otherwise, have you already forgotten UBER, LYFT, and PTON no later than yesterday! Bad!!!

And more Trump insults and bluffs certainly won’t.

Great education by Cramer to stay away from these scam Chinese companies.

How could Cramer be this ignorant? Is he now a tariff lover? Does he really believe the misdirection that the US politicians are engaged in? Wake up. Free markets are free markets. Anyone who want to give money to someone should be able to, Cramer or not.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines