Delisting threat officially over for China stocks
look at the media ignoring the fact the delisting threat over: SEC.gov | Holding Foreign Companies Accountable Act
dumping stocks because of a stupid china hot air balloon. great time to buy more.
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Matthew DOP : Scroll down, list of companies above already marked as Not applicable.
Billy happBillyhappy : Its not in the main news stream … only focus on that balloon
Matthew DOP Billy happBillyhappy: Yeah noone cares if big chinese companies all passes us audit. But big hooha hot air balloon because newsworthy and generates fear of war lol.
股勇者 : Going through the list, any idea which company, if any, will be delisted?
Matthew DOP Mr VWAP: I can’t believe you’re still shorting BABA lol so many good trades out there
Matthew DOP 股勇者: I would assume majority should pass unless they withhold documents requested by SEC or has shady accounting practises. Big chinese firms would definitely pass.
Dream Weaver : great time to buy more? can wait? in HK exchange?
Matthew DOP Matthew DOP: Also might take awhile for finance companies operating overseas due to internal compliance issues, FUTU, TIGER etc.
Matthew DOP Dream Weaver: Great entry around this range, when news report of companies passing the audit, will fly.
If you want to be greedy can wait below 100 for BABA since short term down trend it seems.
股勇者 : interestingly, Didi also passed the audit...?
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