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2020-05-25 China-Japan-Koreas
US one step away from delisting Chinese companies from American stock exchanges
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Posted by Besoeker 2020-05-25 01:33|| E-Mail|| Front Page|| [347 views ]  Top
 File under: Commies 

#1 Believe it when I see it.
Posted by g(r)omgoru 2020-05-25 02:05||   2020-05-25 02:05|| Front Page Top

#2 Really, you mean they're going to delist Disney? When your investments are so dependent upon the Chinese market you do as you are told, aren't you a Chinese franchise?
Posted by Procopius2k 2020-05-25 06:56||   2020-05-25 06:56|| Front Page Top

#3 "...have for years..."

And it is suddenly an issue now? Retarded. If US companies can't meet listing requirements, then their stocks are off to the OTC.BB or Pink Sheets. Why wasn't this done with Chinese equities? (rhetorical question)
Posted by Clem 2020-05-25 07:30||   2020-05-25 07:30|| Front Page Top

#4 Yeah, but then China will require American companies to meet Chinese accounting standards.
Posted by Matt 2020-05-25 07:56||   2020-05-25 07:56|| Front Page Top

#5 ^ and US companies would have to move out of China... how....terrible...
Posted by Mercutio 2020-05-25 08:00||   2020-05-25 08:00|| Front Page Top

#6 Gromgoru, the bill passed the Senate wirhput objection (not a sharply partisan vote that makes me think it will be stopped in its tracks). And to all of you seemingly complacent about the Chinese ysing our markets, what gives? So what if they should have done this before. Better late than never!
Posted by Vernal Hatrick 2020-05-25 09:07||   2020-05-25 09:07|| Front Page Top

#7 So it was perfectly fine before but now it is suddenly wrong. Hmmmm.
Posted by Clem 2020-05-25 09:09||   2020-05-25 09:09|| Front Page Top

#8 Or maybe it was wrong before too? And there is now a political opportunity to do something about it? Or did that just never occur to you?
Posted by Vernal Hatrick 2020-05-25 10:02||   2020-05-25 10:02|| Front Page Top

#9 Uh, no, it never, ever occurred to me. Gee, really.
Posted by Clem 2020-05-25 10:45||   2020-05-25 10:45|| Front Page Top

#10  Or maybe it was wrong before too? And there is now a political opportunity to do something about it?

This. Nobody before cared, but this has long been one of Donald Trump’s concerns. And he generally seems to have a list of escalations to achieve his purpose, whatever it might be and to proceed in a stepwise progression. In this case, the purpose has long been, get China to behave like a peaceful trading partner instead of a slowly conquering colossus, but if they are not willing, then to disconnect them from our economy.
Posted by trailing wife 2020-05-25 10:51||   2020-05-25 10:51|| Front Page Top

#11 Nice idea, but the US (and the Walmarts, the Targets, etc., etc.) is in too deep with China. We did it to ourselveds and let it happen for the all-mighty dollar. To just flip a switch and disconnect China from the US economy sounds nice--and I'm not saying there should be no ramifications for China with their shady financial reporting (delist their stocks)--but if it was wrong before and nothing was done, is COVID-19 the excuse to proceed?

The Donald certainly isn't so nice to Xi anymore. And the Donald doesn't do anything sans a reason. Methinks the situation 'back stage' is more serious.
Posted by Clem 2020-05-25 11:01||   2020-05-25 11:01|| Front Page Top

#12 If Chinese behavior, the Chinese Virus and military belligerence are certainly reason enough. The nay-sayers in the CoC, Academia, Rino and Democrat Whores are playing the wrong hand in most American's eyes. Take advantage and push em off. "Made in China" needs to be an economic slur
Posted by Frank G 2020-05-25 12:03||   2020-05-25 12:03|| Front Page Top

#13 Can't the Chinese just get over their 100 years of humiliation and be done with it?!?
Posted by Clem 2020-05-25 12:07||   2020-05-25 12:07|| Front Page Top

#14 TW, that is one of the best things I've seen of DJT. Even though I voted for him (against Hillary???) I expected more of a NY Rino type.

Clem, The Donald has shown quite some mastery of taking the opportunities that present themselves.
All of the big changes take time and planning to try and disarm the constant opposition. As much as I might like to dream about a more dictatorial Trump I really don't want one.

His take on COVID, reverting to Federalism, pushing back on the Dem governors the responsibility they don't want to take.
Posted by AlanC 2020-05-25 12:32||   2020-05-25 12:32|| Front Page Top

#15 AlanC, agreed. His pushing this (rightly) on the governors (with focus on the Dem guv-nah's) was perfect. IIRC, didn't Grandma Killer Cuomo say early on something like he wasn't going to let DC/Trump push him around? We'll, sometimes you get what you ask for, Killer.

Trump is playing them like a fiddle. Some things may take longer to pan out, but watching the Dems (especially the f'tard ones, but pretty much all of them) squirm is a joyous sight.
Posted by Clem 2020-05-25 12:48||   2020-05-25 12:48|| Front Page Top

#16 Clem, my apologies, I didn't read you as being sarcastic.
Posted by Vernal Hatrick 2020-05-25 14:07||   2020-05-25 14:07|| Front Page Top

#17 God sent His Orange Prophet to save us from Satan's the CCP's power when we were led astray by the Global Whores of Babble-on
Posted by Lex 2020-05-25 14:24||   2020-05-25 14:24|| Front Page Top

#18 Vernal Hatrick, no problem at all. Have a good one.
Posted by Clem 2020-05-25 14:29||   2020-05-25 14:29|| Front Page Top

#19 Going to be a great opportunity for the hedge funds and short positions.
Posted by Marilyn Tojo7566 2020-05-25 15:35||   2020-05-25 15:35|| Front Page Top

#20 ... and La Famille Loeffler no doubt.
How do I co-invest in Kelly's Fund?
Posted by Lex 2020-05-25 15:44||   2020-05-25 15:44|| Front Page Top

23:41 Clem
23:39 Clem
23:38 Clem
23:37 Clem
23:08 3dc
23:06 3dc
22:05 Fred
22:00 Lex
21:58 Lex
21:57 Lex
21:56 USN, Ret.
21:52 Woodrow
21:48 Flusorong Darling of the Faith3280
21:47 Woodrow
21:45 Woodrow
21:44 Flusorong Darling of the Faith3280
21:44 Woodrow
21:35 M. Murcek
21:35 Woodrow
21:34 Woodrow
21:33 Woodrow
21:31 M. Murcek
21:26 Woodrow
21:26 Clem

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