"US institutional investors and US residents who want to own shares in these companies will simply buy them in Hong Kong. Similarly, foreign investors who have invested in Chinese companies via New York listings will buy them in Hong Kong," read the report.The difficulties in totally cutting Chinese companies off from U.S. investors underscore how interdependent the world's top two economies have become.
U.S. financial institutions are increasing their presence in China, where authorities are gradually loosening rules on foreign ownership. PIIE listed examples of American companies that have taken advantage of China's opening up its financial sector: Such developments will make financial decoupling between the U.S. and China "increasingly unlikely," wrote the PIIE authors.
It not pointless, it help spread the hate, so works
No, Delist Chinese cos! Makes a lot of sense.
Stop a new ipo until accounting rule has been followed. Gradually delisting bad ones or delisting some of them if rule can’be followed.
How much did the CCP pay you to write this
He is right. DeList? But if you list: corporate taxes. Consumption tax over income tax. Dang elites write off everything even charity. Fix your tax system. Their luxury tax: sin tax. Piss off the poor! Sin:50% inheritance:50% 50EMC30us20b compounds untaxINCOME equalSTARTnextGEN
And you don’t think HK is a target next with their ridiculous law?
'There are about 230 Chinese companies — totaling about $1.8 trillion in market capitalization — listed on the Nasdaq and New York Stock Exchange, noted the report.' PIIE
China communist propaganda clowns...