Chinese Companies Listed at Home Surge While Crackdowns Clobber Those Abroad

Stock markets in mainland China swelled to a roughly $12.7 trillion valuation in 2021, showing how domestic shares have largely been immune from the regulatory assault that has rocked many Chinese companies listed abroad.

The increase in market capitalization came partly from modest price gains—as of Dec. 31, the broad Shanghai Composite Index, for example, was up 4.8% from a year earlier—and partly from a rush of new listings in either Shanghai or Shenzhen. The growth cements China’s position as the world’s second-largest equity market.

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Default city, Actually

This is super swell

meanwhile evergrande is suspended again, weird ey

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Source: CNN - 🏆 4. / 95 Read more »