Public filings of mainland China-listed companies from the last several weeks indicate a few are already putting money into the U.S. As markets await more details on Vice President Kamala Harris' China policy, Republican presidential nominee and former U.S. President Donald Trump has indicated the likelihood of further tariffs. In the view of BCA Research, Trump would use tariffs on China to reach a deal — including "inducing Beijing to surge into the U.S.
In late May, Shanghai-based Hanbell said it was establishing a subsidiary in Georgia with $100 million for selling its vacuum pump products in the U.S. The Taiwan-invested company is listed in Shenzhen. Those are just a few of more than 30 such filings so far this year for declarations of U.S.-related overseas business establishments, according to a screen using Wind Information of mainland China-listed stocks accessible via Hong Kong's Shenzhen and Shanghai stock connect programs.