The Chinese a very good with bribes. The NYSE reversed its position suddenly. FBI - time to look for the money trail.
NYSE delisting Chinese telco companies
- Thread starter Nobert
- Start date
possible that these bans would be lifted once biden becomes president?
No no strike that. https://www.cnbc.com/2021/01/06/nys...a-telecoms-reversing-decision-once-again.html
The delisting is back on. F*** CCP! F*** Chinese military!!!
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.
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.
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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.
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.