$XPeng (XPEV.US)$ Delisting or not has essentially no impact...

$XPeng (XPEV.US)$ Whether it delists or not doesn't fundamentally affect Chinese internet companies. These high-quality domestic enterprises have already prepared for the worst and have backup plans by listing in Hong Kong.

For value investors, the most important thing is to focus on the fundamentals of the company. It doesn't matter which country's market the company is listed on, whether it's the US stock market, Hong Kong stock market, or A-shares. As long as the company is a high-quality company, its stock price will always go up.

Even if one day these companies are forced to delist from the US stock market, there is no need for investors in Chinese internet stocks to worry because fund managers will automatically switch the portfolio from US stocks to Hong Kong stocks.