Chinese tech stocks hammered as U.S. law threatens to delist firms from American exchanges

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Alibaba and Baidu were among the Hong Kong shares that tanked after the U.S. SEC adopted a law which could lead to de-listings for Chinese firms.

Major dual-listed Chinese technology shares trading in Hong Kong were hammered on Thursday as fears some companies could be de-listed from U.S. stock exchanges resurfaced.

On Wednesday, the U.S. Securities and Exchange Commission adopted a law called the Holding Foreign Companies Accountable Act. Alibaba was down over 4% at 1:04 p.m. Hong Kong time, Baidu tanked over 8%, JD.com fell over 4% and NetEase was nearly 3% lower. A trader works on the floor of the New York Stock Exchange after the opening bell of the trading session in New York, U.S., March 13, 2020.GUANGZHOU, China — Major dual-listed Chinese technology shares trading in Hong Kong were hammered on Thursday amid fears that some companies could be de-listed in the U.S.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

It’s stupid, investors are not philanthropists. They invest because it make sense financially

Wow they just don’t get it, it’s not your land or territory seezh

Where can you go for fun in your city?

Dear sir/madam, Hello I work with a small group of creative young people in design, graphics and illustration. We look forward to working with your vibrant institution. is this possible? Kind Regards, Email: cegbestgmail.com Tell, Whatsapp: +989367933833

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen