Exclusive: Nasdaq cracks down on IPOs of small Chinese companies

) are other examples of Chinese companies that listed on Nasdaq in the last two years with more investors from China snapping up their shares than from the United states, according to sources close to the companies. Ruhnn, Puxin, and Dogness did not respond to requests for comment.

At a time of escalating tensions between the United States and China over trade and technology, Nasdaq’s curbs on small Chinese IPOs represent the latest flashpoint in the financial relationship between the world’s two largest economies. In June, U.S. lawmakers introduced a bill, which has yet to be adopted, that would force Chinese companies listed on American stock exchanges to submit to regulatory oversight, including providing access to audits, or face delisting.

Nasdaq also said in June that it may delay the U.S. listing of a company that does not demonstrate a strong enough nexus to the U.S. capital markets, including having no shareholders, operations, management or board members with links to the United States.

Good luck!! They will destroy our market in due time if we let them get away with what they want. Does man ever learn.

It’s not safe to do businesses with Chinese companies. Remember CCP can fire CEO and labor union in cathaypacific just because they supported HK protests. Also, there are too many black doors from Chinese devices and apps.

Good. It’s unbelievable that we allow Chinese companies (and their lobbyists) to avoid the same level of scrutiny we force upon US companies. F’ing absurd on every level.

China70years goodmorningccp

Chinese companies should be subject to the same financial regulations as American companies if they want to be listed here.

吵什么

antichinazi antitotalitarianism freehongkongfromchina

antichinazi antitotalitarianism

antichinazi antitotalitarianism

DEER_ECHO_ JF I'm not sure why people view China's money as being worth anything...it is just created by the government on the Internet.

DEER_ECHO_ JF Is White socialism the only way to compete with China? Do the white communists surrender their vision of individualism, capitalism and free markets? POTUS said the markets would fall if he was impeached ... then he tried to delist Chinese stocks and the market fell...

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Everything Jim Cramer said about the stock market on 'Mad Money,' including investing next week, foreign drug stocks, Conagra earnings and GoodRx CEOJim Cramer breaks down the Trump administration's consideration to stop U.S. investing in Chinese businesses, recommends foreign pharmaceutical companies, reviews Conagra's earnings report and interview GoodRx CEO Doug Hirsch. This guy's picks are horrible As a former senior Vice President of William Morris and co founder of Uta I was truly surprised how wrong Cramer was about Endeavor his agent who pulled its IPO. Makes me wonder about what he says about stuff I don’t know When is the SEC finally going to probe this man and his employer for rumor mongering? In developed market that is deemed a criminal offense and taken very seriously.
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China says companies facing many difficulties due to trade frictionsChinese companies are facing many difficulties due to trade frictions, Commerce ... So sad, lol! That will level out when it is over, well say that too them and what you are willing to do--
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »