$Alibaba (BABA.US)$ It’s ‘game over’ for U.S.-listed Chinese...
It’s ‘game over’ for U.S.-listed Chinese companies, global asset manager says
PUBLISHED WED, DEC 15 20211:26 AM EST
#Chinese companies listed on Wall Street will likely to be cut off from U.S. capital markets in the next three years as tensions between Beijing and Washington persist, according to David Loevinger from the TCW Group.
#He predicted that by 2024, most Chinese companies listed on U.S. exchanges are no longer going to be listed in the United States.
#Many of China’s top internet companies listed in the U.S. have already undertaken dual listings in Hong Kong. Some high-profile names include e-commerce giant Alibaba, its rival JD.com, search engine giant Baidu, gaming firm NetEase and social media giant Weibo.
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102646779 : With the way things are going between the administrations of the two superpowers, it's inevitable. CN Stocks listed on US will only suffer from the regulations from both sides. lol.