Saudi Arabia and China have signed memorandums of understanding on hydrogen energy and the encouragement of direct investment between the two states, state news agency (SPA) said on Thursday. Saudi Arabia, China also Sign Agreement on Coordination Between Saudi's 2030 Vision, China's Belt and Road Initiative, SPA added. Separately on Thursday, Bloomberg reported that an agreement has also been signed with China’s Huawei on cloud computing and hi...
Five U.S.-listed Chinese state-owned companies unexpectedly announced plans to delist from US exchanges over SEC audit requirements. In separate filings on the Hong Kong Stock Exchange, PetroChina$中石油(PTR.US)$, China Petroleum & Chemical$中石化(SNP.US)$, China Life Insurance$中国人寿(LFC.US)$, Sinopec Shanghai Petrochemical$上石化(SHI.US)$, and Aluminum Corp. of China$中国铝业(ACH.US)$, some of...
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whqqq :
Hong Kong listed stocks don't trade at a discount to US ADRs in terms of valuations. I think maybe more Chinese firms to voluntarily delist from the US or move their primary listings to Hong Kong.
Revelation 6 :
The Chinese companies are only being asked to do what all the other companies already do. Open disclosure of financial and earnings statements for audit. If they can’t meet that requirement, good bye.
Revelation 6whqqq:
I agree. There will be more Chinese companies that delist and move rather than meet the requirement of open audit and inspection. Whether it’s good or bad we’ll have to wait and see. Could go either way.
whqqqRevelation 6:
You're right. Every coin has two sides. I think there are both good and bad aspects, but no one can predict which aspect will be more in the end.
151467742 : $YANZHOU COAL MININ (YZCAY.US)$ 大佬,那个煤炭期货市场影响力最大?