Chinese Economics Thread

[Tyler]

Didi can't and won't list in Shanghai due to a large chunk of its shares are owned by foreign institutions. As for why not Hong Kong, it is just greed. Most Chinese elites still refuse to acknowledge the situation between the US and China is grim. Like companies such as Alibaba, Baidu, and Bilibili that were forced to do a secondary listing as they are afraid of being delisted by the US exchanges, Didi will face the same circumstance.

Netease and jd.com are smart enough to have their secondary listings in Hong Kong.

 

[Tyler]

Haha I think no.. This is why all this delisting thing is so funny.
It basically wipes the shares the Americans own.

And because now all these Chinese companies are looking to list themselves in HK, they are forcing the world capital to move to HK making it a bigger financial center than it already is.

Own goal from the US. And good move from DiDi. Get American money and if the US gov delist it then delete the American shares lol. Free money

When China Mobile and China Telecom were delisted from New York, did they cancel their US shares?

 

[PhSt]

So the EU is now considering to scrap the agreement it just signed with China early this year, just because China slapped counter-sanctions on them, so according to EU's logic, its okay for them to sanction China and Demand China to change its policies but when China fights back its unthinkable and aggressive action?

 

[B.I.B.]

Haha I think no.. This is why all this delisting thing is so funny.
It basically wipes the shares the Americans own.

And because now all these Chinese companies are looking to list themselves in HK, they are forcing the world capital to move to HK making it a bigger financial center than it already is.

Own goal from the US. And good move from DiDi. Get American money and if the US gov delist it then delete the American shares lol. Free money

Icancelled

 

[j17wang]

This is crazy. Baidu has just listed in Hong Kong. Many others will follow, like Bilibili, and then EV makers like Nio, Li Auto and Xpeng will all have secondary listings in Hong Kong.

No this is the right thing to do. A NYSE listing will give a higher valuation for the same business. American money will be used to expand chinese operations. If all goes to shit between US and China, chinese companies on NYSE won't pay dividends (which are voluntary unlike debt payments). Remember there isn't a great tragedy to de-listing, it just means that shareholders see thier value go to zero. If US randomly decides to delist a chinese company, the chinese company got the investors money long ago during the IPO. Its current investors (mostly americans) that get hung out to dry.

 

[B.I.B.]

When China Mobile and China Telecom were delisted from New York, did they cancel their US shares?

I believe they arranged a share swap agreement

Please, Log in or Register to view URLs content!

"......three telecom companies said that investors can deposit their ADS holdings with the Bank of New York Mellon and receive Hong Kong shares in return. Each company also said it had yet to receive confirmation about its imminent delisting from the NYSE.
The share swap isn’t a straight one-for-one exchange. China Mobile says one ADS is worth five of its Hong Kong shares; China Unicom is exchanging one ADS for 10 Hong Kong shares; and China Telecom is swapping one ADS for 1,000 Hong Kong H-shares. However, the monetary value of the shareholder’s stock should remain roughly equal before and after the swap......."

 

[W20]

"A NYSE listing will give a higher valuation for the same busines"

No, exactly the opposite

in the stock market the effect of playing at home can be great, very great and gigantic. In the Chinese case, the difference is gigantic. I've been suffering from this problem since 2008

 

[siegecrossbow]

Please, Log in or Register to view URLs content!

I thought the Taiwanese didn't need China to buy their pineapples. Then quit your whining! Go find another market. Maybe they think like Australians that Chinese will revolt if they they don't get their Taiwanese pineapples so they're helping to keep the peace in China by selling Chinese people their pineapples so in fact China owes them.

Mainland will end the ban if they resolve the quality control issue. If they were out to get Taiwan they would've banned more than pineapples.

 

[voyager1]

So the EU is now considering to scrap the agreement it just signed with China early this year, just because China slapped counter-sanctions on them, so according to EU's logic, its okay for them to sanction China and Demand China to change its policies but when China fights back its unthinkable and aggressive action?

Wont happen. There is no way the EU wont sign it. I would be my house on it

 

[bajingan]

Please, Log in or Register to view URLs content!

Only iron ore saves australia from an almost total trade embargo from China