Chinese Companies Listed at Home Surge While Crackdowns Clobber Those Abroad

Stock markets in mainland China swelled to a roughly $12.7 trillion valuation in 2021, showing how domestic shares have largely been immune from the regulatory assault that has rocked many Chinese companies listed abroad.

The increase in market capitalization came partly from modest price gains—as of Dec. 31, the broad Shanghai Composite Index, for example, was up 4.8% from a year earlier—and partly from a rush of new listings in either Shanghai or Shenzhen. The growth cements China’s position as the world’s second-largest equity market.

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Default city, Actually

This is super swell

meanwhile evergrande is suspended again, weird ey

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Can the stock market's momentum continue into 2022?The stock market just wrapped up one of its best years on record. Can it repeat its stellar performance in 2022, even when faced with inflation concerns and rising interest rates? Wall Street soars, while Main Street struggles to keep up, the polarization of capital wealth distribution in the U.S. must be reversed or electoral and governmental democracy along with liberal based economics will be at grave risk. Someone in very recent history said it would tank in January. Same individual is now vaccinated. Same person booed by base and heckled by the right. How do you do, ‘22. 😂😂
Source: CNN - 🏆 4. / 95 Read more »