As Navarro’s comments reduced investor fears, the S&P/BNY Mellon China Select ADR index .BKTCN rose 1.1% after tumbling more than 3% on Friday. Still, the possibility of a future U.S. move to boot Chinese companies out of U.S. markets remains a topic of concern for investors.
“The proposed measures would completely undermine the international ADR/GDR etc. market and would harm the US’s role as a conduit for international capital,” Jefferies equity strategist Sean Darby wrote in a client note. Leading U.S. investors across Chinese companies listed on U.S. exchanges include Blackrock, T. Rowe Price Associates and the Vanguard Group, with over $40 billion invested, according to Refinitiv data, based on fund filings.
After Monday, Chinese markets will be closed for a week-long holiday marking the 70th anniversary of the founding of the People’s Republic of China. U.S.-listed shares of Chinese companies will continue to trade during that time, exposing them to more potential volatility. The graphics below show leading U.S. investors’ exposures to four major Chinese companies popular on Wall Street, based on Refinitiv data.
randewich Trump is collapsing the world economy. Are people that stupid not to see it?
randewich it is always buyers beware situation.
randewich DonaldTrump 'I sold all my China stocks before the President of the United States made this important decision. Me, Donald Trump, a private citizen.. Hahaha.'
randewich Any FOOL who had BASIC BRAINS knew of this risk when investing in China. These MAJOR US investors, WHOEVER THEY ARE, are playing RUSSIAN ROULETTE with OTHER PEOPLE's money because these INVESTORS are institutions that LIVE OFF of commissions while investor CAPITAL is SACRIFICED.
White House would have the Chinese stocks delisted IF they don’t have a proper audit as required for other American stocks.
Divest
Summation: This is why a certain leader tweets uncertainty that impacts the markets.
I have two words for them...
Sucks to be them. Trading with the enemy carries risks. Let them go bankrupt, the traitors.
They have had years to move their assets out of China, so I don't feel that sorry for them. BaldingsWorld