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This is only one side of the story. Yes the North American exchanges have changed policy and this is pushing many Chinese listings out, but there is an even mor
by sigmaprimus 5y ago
This is only one side of the story. Yes the North American exchanges have changed policy and this is pushing many Chinese listings out, but there is an even more concerning thing going on in China currently. It seems that Beijing has decided not to bail out companies who's bonds are held by foreigners, more to the point it is only facilitating the servicing of interest payments on Sino held bonds.
We are soon going find out what happens when globalization collapses.
- gtsop 5y agoCan't wait to find out. The current state is missery.