NYSE delisting Chinese telco companies

Discussion in 'Wall St. News' started by Nobert, Jan 2, 2021.

  1. The Chinese a very good with bribes. The NYSE reversed its position suddenly. FBI - time to look for the money trail.
     
    #31     Jan 5, 2021
  2. ajacobson

    ajacobson

  3. Amatrue

    Amatrue

    #33     Jan 6, 2021
  4. JSOP

    JSOP

    #34     Jan 6, 2021
    Nobert likes this.
  5. JSOP

    JSOP

    Depends on how much China is willing to spend on Biden. Everything is for sale, as long as the price is right. Biden's family already has tremendous business interest in China.
     
    #35     Jan 6, 2021
  6. JSOP

    JSOP

    Ok this is an overkill. Tencent maybe but Alibaba no unless the government takes over the business from Jack Ma, something that the government does readily to private companies. But it's nowhere near being touched by the Chinese military.
     
    Last edited: Jan 6, 2021
    #36     Jan 6, 2021
  7. Nobert

    Nobert

    11. Could China retaliate?
    It’s already started to. China issued new rules Jan. 9 to shield its firms from having to comply with “unjustified” sanctions. The regulations also would allow them to sue in Chinese courts for any damages they suffer as a result of foreign companies that do comply with them, although it’s unclear how that might work. Separately, Bloomberg Intelligence’s Andrew Chan called out MGM China, Sands China and Wynn Macau as potential targets for the Chinese government as all three Macau casino companies have U.S. parent firms. A move to target Alibaba or Tencent could increase the odds of a bigger response from China.


    Source : https://www.bloomberg.com/news/arti...s-swerves-on-delisting-china-stocks-quicktake



    So the CCP is as dumb as those who wanted to sue CCP due pandemic.
     
    #37     Jan 12, 2021