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The Alibaba listing in the US isn't even for stock in the Chinese company. It's "stock" in a Cayman Islands holding company that doesn't have any guarantee for
by thephyber 7y ago
The Alibaba listing in the US isn't even for stock in the Chinese company. It's "stock" in a Cayman Islands holding company that doesn't have any guarantee for stockholders to have any rights in the Chinese parent company.[1]
When the US president uses the bully pulpit to insult and threaten American-based multinational companies to suit his political / personal needs at the threat of a DoJ / SEC investigation or FAA license threat, how is that much different than a CCP official doing the same? I would argue it's not nearly as far as my fellow Americans would like to think it is.
[1] https://www.marketwatch.com/story/beware-alibaba-ipo-isnt-really-selling-alibaba-2014-05-07 https://www.marketwatch.com/story/beware-alibaba-ipo-isnt-re...
- hos234 7y agoTrue but American don't like being pushed around while the Chinese are used to it. Which means the Bully is usually tolerated for much shorter durations than Chinese Bullies are. Churchill's rise and fall is a good example.
- deleted 7y ago[deleted]
- pas 7y agoThe threat by Trump about let's say a SEC, DoJ, FAA investigation is less credible due to the US still seen as having a sort of functional/independent justice system, rules for these investigations, and clearer appeals processes than in China.