The road to recovery for China stocks listed in the U.S.
On 26 Aug 2022, China state-affiliated media, Caixin Global, tweeted that regulators are in talks to prevent the delisting of China companies from U.S. stock exchanges.
This piece of good news sends China-concept stocks in U.S. to go higher, with Agriculture stock, CGA ($Enlightify (CGA.US)$), up 35.5%.
Airline stocks such as China Eastern Airlines ($China Eastern Airlines (CEA.US)$), up 0.63%, had managed to stay in the green despite some of its flights affected by the U.S. Department of Transportation (USDOT)suspensionsdecision.
Hopefully these recovery efforts will help China stocks to stay listed in the U.S. exchanges, just like the recovery efforts that double the giant pandas in the wild. Can't wait to travel to Chengdu Research base of Giant Panda Breeding located in the province of Sichuan, China, to see those cute bear bear!
That's all for today!
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MonkeyGee
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I just cant understand why most Americans are so stupid. if you think China cares about the ADR I got a mexican wall to sell you. do anyone even understand what ADRs are? It's like an uncollaterarize loan. Do you care if the loan document was destroyed? so at this point it's stupid for USA to make threats are removing ADRs because it will only hurt Americans. Can anyone understand this?
whqqq : After this news, BaBa and JD also rose
Mars Mooo OP whqqq :
MonkeyGee : I just cant understand why most Americans are so stupid. if you think China cares about the ADR I got a mexican wall to sell you. do anyone even understand what ADRs are? It's like an uncollaterarize loan. Do you care if the loan document was destroyed? so at this point it's stupid for USA to make threats are removing ADRs because it will only hurt Americans. Can anyone understand this?