Don’t worry about SEC
don’t have to worry about delisting, nio had 50 pct of their shares in HK, if anything happen HK becomes primary listing location. and your shares won’t go to zero, take a look at tencents $Tencent(TCEHY.US$ and $BYD Co.(BYDDF.US$ . they have listing in US as OTC and mainly trading in HK exchange. their stock price in fact has been even more stable because it’s not so much affected by the FUD caused by SEC. most important thing is FUTU say they are generating so much free cash flow that they have no issue putting up 500 M for cash back. this just shows how financially healthy the company is.
$Futu Holdings Ltd(FUTU.US$
$Futu Holdings Ltd(FUTU.US$
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Trader for more than 10 years, loves near term swing trades
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Lotus on shit ❤ :
MonkeyGee : but Tentencents $Tencent(TCEHY.US)$ and $BYD has not been delisted in the USA. if they get delisted it would be like Luckin coffee. is that right?
TraderGoatOP : China mobile delisted previously and went to HK, did they die? Answer is no, life goes on as usual. They still trading fine in HK. Happy like a bird
Bull Run MonkeyGee: Delist only change trading location, with on line platforms no major impact. Don't be fooled by the politician's game
不入虎穴焉得虎子 Bull Run:
老Uncle Bull Run: but adr no guarantee will transfer to new location for u. may force sell at whatever logggg price
divinepapa : Then look at tencent 0700 $TENCENT(00700.HK)$
T将军 : you did not hear leaf li said look for 2nd listing?
TraderGoatOP : Stop spreading the FUD la, FUTU can always trade as OTC first while they list in HK slowly reduce the ADR numbers. There will always be assholes scare u to sell literally at the bottom
肉脚小散兵 Bull Run:
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