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$NIO-SW (09866.HK)$ it’s seems that people are selling their...

$NIO-SW (09866.HK)$
it’s seems that people are selling their US ADR and buying up the hk shares instead.
while the US stock is dipping the hk shares increases~
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  • Beanionaire : US market likes to over react. if it can drop so much cos of inflation, will the stock prices all drop to near zero when recession comes? 😒

  • MonkeyGee : that is because the USA market is a shell game.  if ADR was bad than it should have never been listed.  now the brokerage house got their money they are trying to squeeze the hell out of the stock to maybe buy low.  if ADR gets delisted it ONLY hurts USA.  The Chinese company would get yo keep all the funds.

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